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TRUELY HOUSING SOCIETY

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MONTHLY INCOME SCHEME

Interest rates

The Monthly Income Scheme (MIS) is a unique scheme where members can invest a specific amount and get returns every month till the end of the tenure after adding a special interest rate. Members can choose investment amount along with the duration and earn interest on the same.

PERIOD ( IN MONTHS ) RATE OF INTEREST
( IN % PER ANNUM )
MONTHLY IN COME ON
Rs 10,000 INVESTED ( IN Rs )
12 Months 10.50 87.50
24 Months 10.50 87.50
36 Months 11.00 91.67
48 Months 11.00 91.67
60 Months 11.50 95.83
72 Months 11.50 95.83

Special Interest Rates*

0.50% additional interest for women on fixed deposits
1.00% additional interest for senior citizens (members above 50 years in age) on FD

*Special interest rates applicable as per Society’s Terms & Conditions