Monthly Income Plan

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Monthly Income Plan

Deposits under the GRUH Monthly Income Plan are accepted in multiples of . 1000/- for a term ranging from 12 to 120 months. Advance monthly interest warrants for interest are given for each financial year. The interest warrants are dated the 1st of the succeeding month & 31st March. The minimum amount under this scheme is . 20,000/-.

New Deposit Rates Effective January 05, 2017

Term in Months ROI (% p.a.) TDS Free Limits ()
    Normal Sr. Citizen
12-23 6.75% 74,000 71,000
24-35 7.00% 71,000 68,000
36-120 7.00% 71,000 68,000

Minimum Amount in Rupees : 20,000/-

0.25% additional on Deposits received from Senior Citizens (60 years and above), Trust Depositors & GRUHINIs