The Monthly Income Plan is tailored for those individuals who regularly need money to supplement their income i.e. each month. Interest is paid monthly at the discounted value. Interest is automatically transferred to Customer Saving Bank
Account.
Senior Citizens are offered additional interest of 0.50 % for deposits placed for 1 year and above period
Premature Withdrawal In all cases of premature withdrawals, the interest would be payable at 1 % below the applicable card rate under the normal fixed deposit has remained with the Bank as
on the date of deposit and not at the contractual rate
