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Monthly income scheme (MIS) is introduced by MAHESH CHANDRAVANSHI NIDHI LIMITED in which a fixed amount is deposited for a tenure which is variable to our member needs and interest applicable is being given to them as monthly payout.This scheme serve as a second income for a household helpful in clearing out monthly expenses. It is also very useful to our senior citizens, interest given every month serves as a monthly pension for them.Interest rates offered by us are competitive and higher than most financial institutions.
| S.N. | Scheme Name | Total Deposit Amount | Monthly Income | Maturity Amount | Tenure | Interest Rate |
|---|---|---|---|---|---|---|
| 1 | MONTHLY INCOME SCHEME | 100000 | 583 | 100000 | 5 YEARS | 7% |