Payout frequency is the key area of difference between the Single Maturity Scheme and the Monthly Maturity Scheme.
In the Monthly Maturity Scheme, the tenor chosen applies to each deposit you make. Every deposit matures on a different date as per the chosen tenor and payouts relating to that deposit are disbursed on the date of maturity. This helps you get multiple monthly payouts, while offering adequate liquidity every month. The objective of the scheme is to generate monthly payouts as per the maturity date of each deposit. If you foresee the need for additional monthly income in the near future, choosing this variant would be ideal.
Choose investment amount selected tenor and desired number of deposits to estimate your monthly returns.
SELECT CUSTOMER TYPE
Non Senior Citizen (Investing Offline)
Non Senior Citizen (Investing Online)
Please select type of customer
ROI in the above calculator may vary upto 4 bps with the actual rates offered.