Support

Monthly Interest Deposit (MID)

Particulars Details
Period of Deposit 1 Year to 10 Years
Minimum Amount of Deposit Rs. 5,000/-
Additional Interest (Senior Citizen) 0.50%
Benefits Monthly Interest
Interest Payment Simple Interest
Pledging of Deposit Allowed
Premature Withdrawal Allowed
Auto-renewal Facility Available

Important Deposit Information

  • Get additional 0.25% interest for the period of one year and above on one-time deposit of Rs. 25 Lakhs or more. (Applicable only for Individuals)
  • Get additional 0.50% interest for the period of one year and above on one-time deposit above Rs. 25 Lakhs. (Not applicable for Co-operative Societies / Banks)
  • Flexible interest rate applicable for Co-operative Societies / Patsanstha.
  • Maturity amount is subject to tax deduction and its impact on interest.
  • Conditions apply.
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