Monthly Income Scheme

Monthly Income Scheme

MIS CHART
Deposit Amount 5 Year 4 Year 3 Year 2 Year 1 Year
5000 46 42 38 33 29
10000 92 83 75 67 58
25000 229 209 188 167 146
50000 459 417 375 334 292
100000 917 834 750 667 584

Terms & Conditions:

  • It is mandatory to be a member in the company.
  • Company will issue 20 shares (10/- Rs each) for FD Plan.
  • Minimum FD would be of Rs.10000 and further in multiple of Rs. 1000.
  • Interest calculation yearly compound.
  • TDS Deducted to be Deducted on interest. Paid by Mama Sons Nidhi Limited on Deposit as per provisions and Income tax Act.
  • Loan available against deposits up to 70% of deposited amount after one month from the date of deposit.
  • F.D. will not be premature within first 3 month.
  • if F.D. is matured after 3 month but before 6 month no interest will be paid.
  • if any person premature its F.D the the person will be paid 2%, less of maturity interest after 6 month to 60 months.
  • in case of death of a depositor, the company will repay to nominee or beneficiary the principal & interest, at which it was accepted.
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