Monthly Income Deposit Scheme

 

Minimum Deposit 5000/- onwards

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Tenure 12 months to 60 months

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 Interest will be paid on the deposits at the rate in force from time to time.

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 Interest amount will be paid monthly.

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 Interest will either pay in cash or credited to the Bank Account of the depositor.

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Terms and Conditions:

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1. Investors 58 years of age and above, woman, handicapped, defense personnel, retired defense personnel, employees of central government and state government, all employees of banks and insurance companies, employees of public sector, government and semi-government organizations, working employee of any cooperative society, employees of local bodies, retired person, trust and on single deposit of Rs. 5 lac get special rate of interest.

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2. Interest paid to the nearest rupees. 

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3. After maturity, no interest or other benefits payable.

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4. Changes in the terms of the plan, renovation, addition and amend by the Aurobindo Banco.