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OUR SchemeS


Monthly Income Scheme

M.I.S. 3 Year
Principle Amount Paid Up Value Maturity Value
50000/- 400/- 51000/-
100000/- 800/- 102000/-
500000/- 4000/- 510000/-
M.I.S. 5 Year
Principle Amount Paid Up Value Maturity Value
50000/- 450/- 52000/-
100000/- 900/- 104000/-
500000/- 4500/- 520000/-


Terms & Conditions:-

  • Minimum MIS would be of Rs. 50,000/- and further in multiple of Rs.10,000/-
  • No TDS Deducted on interest paid by SMNL on Deposits.
  • Special MIS is applicable only for Senior citizens, women, and Govt. employ and for pensioners.
  • No Pre-maturity's on M.I.S. plan.

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.

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