The Monthly Income Scheme is tailored for individuals who require a regular monthly income to supplement their earnings. The interest earned on your deposit becomes an additional and reliable source of income every month.
Deposit can be automatically renewed upon maturity.
Interest can be credited to any account maintained with our bank.
Interest payment can also be issued through Pay Order.
Loan available up to 85% of the principal deposit amount.
Nomination facility available for added security and convenience.
Premature payment of deposit is available as per bank rules.
Click the button below to view the latest Rate of Interest applicable to the Monthly Income Scheme.
View Interest Rates