Fixed Deposit – Monthly Interest Scheme

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The Fixed Deposit – Monthly Interest Scheme is specially designed for members who want to earn a fixed monthly income while keeping their investment safe and secure. Instead of receiving interest at maturity, members receive interest every month, making it an ideal choice for retirees, senior citizens, salaried individuals, and anyone seeking a regular source of income. The principal amount remains invested throughout the tenure, ensuring both financial stability and guaranteed returns.

Benefits Interest Rate Illustrative Interest
  • Monthly interest payout for a regular and predictable income
  • Minimum investment starts from ₹1,00,000
  • Minimum tenure of 2 years
  • Guaranteed and secure investment with assured returns
  • Principal amount remains safe throughout the investment period
  • Nomination facility available for financial security
  • Ideal for retirees, senior citizens, and individuals seeking a steady monthly income
  • Regular Members: Earn an attractive interest rate of 10.5% per annum.
  • Senior Citizens: Receive a higher interest rate of 11.0% per annum.
  • Monthly Interest Credit: Interest is paid every month, ensuring consistent cash flow throughout the investment period.
  • Guaranteed Returns: Fixed interest rates provide stable and predictable monthly earnings.

Illustrative Monthly Interest (10.5% p.a.)

Investment AmountMonthly Interest
₹1,00,000₹875
₹2,00,000₹1,750
₹5,00,000₹4,375
₹10,00,000₹8,750

Senior Citizen Monthly Interest (11.0% p.a.)

Investment AmountMonthly Interest
₹1,00,000₹917
₹2,00,000₹1,833
₹5,00,000₹4,583
₹10,00,000₹9,167