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MIS Plan
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Terms & Conditions:-
Minimum MIS would be of Rs. 50,000/-
No TDS Deducted on interest paid by gfnl on Deposits.
Special MIS is applicable only for Senior citizens, women, and Govt. employ and for pensioners.
No Pre-maturity's on M.I.S. plan.
Payment before maturity not allowed for 90 days deposit scheme and Payment before Maturity allowed to other MIS plans, in this case the Calculation of interest on pre-mature payment will be applicable as per savings a/c’s rate of interest and already paid interest amount will be deducted from the principal amount.