The Monthly Income Scheme (MIS) is a unique scheme where members can invest a specific amount and get returns every month till the end of the tenure at our competitive MIS interest rate. Members can choose investment amount along with the duration and earn interest on the same.
+1.00% additional interest for senior citizens (members aged 60+ years) under Monthly Income Scheme.
*Applicable as per Society's Terms & Conditions · Effective from April 01, 2018Monthly payout on your investment — calculated per month at maturity rates
| Term | Amount ₹1,00,000 Invested | Amount ₹5,00,000 Invested |
|---|---|---|
| 1 Year 9% | ₹750 per month | ₹3,750 per month |
| 2 Years 10% | ₹833 per month | ₹4,166 per month |
| 3 Years & Above 11% | ₹916 per month | ₹4,583 per month |
*Monthly payout values shown. Senior citizens get additional 1% p.a. Interest rates effective from April 01, 2018.
Like other investment schemes of Shree Lambodar Credit Co-operative Society, MIS also promises guaranteed secure returns. Our Monthly Income Scheme is a unique scheme that allows members to invest a specific amount of money and get the return every month within the defined tenure along with special MIS interest rate.
We let you invest under MIS for the tenure minimum of 1 year and maximum of 6 years. The minimum amount of MIS investment is ₹10,000 after which you may invest in the multiples of ₹1,000. We offer you MIS interest rates varying from 8% to 11.25%.
Get special higher interest rates if you are planning to invest lump sum amounts ranging from ₹15 Lakhs to ₹1 Crore.
Disclaimer: All the products and services of the Society are exclusively available for members of Shree Lambodar Credit Co-operative Society Ltd. only.
