Monthly Income Scheme(MIS)

Om Saikrupa Urban Nidhi Limited introduced one of the best monthly income plans in maharashtra with the coverage of good monthly income interest rates on monthly income scheme account. Due to the stable income of the salaried people, this scheme would not be of much benefit to them. It is best suited for the retired, senior citizens and for people without any income source.

Interest Payment Table ( On Deposit of Rs.1,00,000/-)

Period	Rate of Interest	Monthly Income
1 Year	11.00%	916/-
2 Year	12.00%	1000/-

Terms & Conditions :-

Minimum MIS would be of Rs. 10000/- and further in multiple of Rs.10000/-
No TDS Deducted on interest paid by Om Saikrupa Urban Nidhi Ltd. on Deposits.
Special MIS is applicable only for Senior citizens, women, and Govt. employ and for pensioners.
Loan available against Deposit up to 75% of deposited amount after one month from the date of deposit.
Rate of interest on loan against Deposit would be 5% higher than applicable rate of interest to your Deposit.

Payment before maturity not allowed for 90 days deposit scheme and Payment before Maturity allowed to other MIS plans, in this case the Calculation of interest on pre-mature payment will be applicable as per savings a/c’s rate of interest and already paid interest amount will be deducted from the principal amount.