MONTHLY INCOME PLAN

  1. MONTHLY INCOME PLAN

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