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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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