Godavari Urban Multistate Credit Co.- Op. Society Ltd; Nanded

EMI

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Features of MIS (Monthly Income Scheme)

No limit for maximum deposit amount

No age limit

No limit for Maximum period of deposit.

1

Benefits

Simple investment product which offers monthly income, safety and flexibility.
Minimum period of deposit: 1 Year
No limit forMaximum period of deposit.
Minimum Amount of deposit is Rs.1 lac.
No limit for maximum deposit amount.
Option of premature/partial withdrawal in case of any urgent funds’ requirement without penalty.

2

Rate of Interest

ROI for 1 year is 9.6% (i.e Rs.800 per month for one lac) & ROI for above 36 months is 10.20% (i.e Rs.850 per month for one lac).

3

Eligibility

Any individual who is resident of India.
No age limit.

4

Documents Required

Identity Proof of depositor.
Address proof of depositor.
In case of minor, guardian’s documents & signature is required.

5

Pledging Of Deposit

Pledging of deposit is 80% of MIS Deposit amount.

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GODAVARI URBAN MULTISTATE CREDIT CO-OPERATIVE SOCIETY LTD, NANDED is an autonomous association of people united voluntarily to meet their Mutually Social, Economical, Cultural, Professional and Personal Aspirations.

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