Monthly Interest Scheme (MIS)
In life, sooner or later, we all need a foundation; a steadfast companion. After a lifetime of hard work, retirement should ideally be a time of ease and enjoyment, a well-deserved wish. That's where the Monthly Interest Plan comes into play, to meet these modest expectations. In this plan, all you need to do is invest a lump sum amount. After that, you start receiving the return (interest) on it every month.
General: interest rate 9.90%
Senior Citizen: interest rate 10.14%
| Invested Amount(Rs.) | Monthly Amount (Rs.) | MonthlyIncome( For Sr. Citizens) |
|---|---|---|
| ₹1 Lakh | ₹825 | ₹845 |
| ₹2 Lakh | ₹1650 | ₹1690 |
| ₹3 Lakh | ₹2475 | ₹2535 |
| ₹4 Lakh | ₹3300 | ₹3380 |
| ₹5 Lakh | ₹4125 | ₹4225 |
| ₹6 Lakh | ₹4950 | ₹5070 |
| ₹7 Lakh | ₹5775 | ₹5915 |
| ₹8 Lakh | ₹6600 | ₹6760 |
| ₹9 Lakh | ₹7425 | ₹7605 |
| ₹10 Lakh | ₹8250 | ₹8450 |