Monthly Income Scheme Account (MIS) Interest Rates

MIS Interest Rates

Period

Interest (p.a) in %

01/03/2001 to 28/02/2002

9.5%

01/03/2002 to 28/02/2003

9%

01/03/2003 to 30/11/2011

8%

01/12/2011 to 31/03/2012

8.2%

01/04/2012 to 31/03/2013

8.5%

01/04/2013 to 31/03/2016

8.4%

01/04/2016 to 30/09/2016

7.8%

01/10/2016 to 31/12/2016

7.7%

01/01/2017 to 31/03/2017

7.7%

01/04/2017 to 30/06/2017

7.6%

01/07/2017 to 30/09/2017

7.5%

01/10/2017 to 31/12/2017

7.5%

01/01/2018 to 30/09/2018

7.3%

01/10/2018 to 31/03/2019

7.7%

    *Interest Paid - Monthly

    *Tenure - 5 Years

    *Minimum Deposit - Rs.1500/-

    *Maximum Deposit - Single - Rs.450000/- & Joint - Rs.900000/-

    *Bonus :

     08/12/2007 to 30/11/2011 - 5%

     01/12/2011 onwards - No Bonus

    *PMC :

     Lock-in Period - 1 Year

     After 1 year but Before 3 years - 2% Discount

     After 3 years but Before 5 years - 1% Discount