GREEN LIFE CREDIT CO-OPERATIVE SOCIETY LIMITED
MONTHLY INTEREST SAVING ACCOUNT |
ELIGIBILITY |
Individual, and a Guardian on behalf of a minor |
INVESTMENT |
Minimum - `10.000 Multiple of `.1,000/- |
Maximum 72 months |
PERIOD OF DEPOSIT |
72 Months only |
INTEREST RATE |
Depending upon the period of the deposit as prevailing from time to time. |
SENIOR CITIZEN |
Additional as specified uniformly across all maturities, |
NOMINATION FACILITY |
Available |
PENALTY FOR PREMATURE CLOSURE/PAYMENT |
MIP Plan: Premature payment & loan not allowed. |
APPLICATION AND DOCUMENTS |
Application Form |
Form 60 or 61 (if customer does not have PAN Card), |
Photograph of depositor/s (2 copies), |
Proof of address as per Norms, |
Any other related documents as applicable |
MONTHLY INCOME SCHEME (M.I.S.)
YEARLY |
INTRESET |
AMOUNT |
MOTHLY PAYMENT |
QUARTERLY PAYMENT |
HALF YEARLY PAYMENT |
YEARLY PAYMENT |
PAYMENT |
72 Months |
12.00% |
10000 |
100 |
300 |
600 |
1200 |
10000 |
72 Months |
12.00% |
20000 |
200 |
600 |
1200 |
2400 |
20000 |
72 Months |
12.00% |
50000 |
500 |
1500 |
3000 |
6000 |
50000 |
72 Months |
12.00% |
100000 |
1000 |
3000 |
6000 |
12000 |
100000 |