Interest Payment Table (On Deposit of Rs. 10000/-)
| Period |
Rate Of Interest |
| 12 MONTHS |
10.00% |
| 24 MONTHS |
10.25% |
| 36 MONTHS |
10.50% |
| 48 MONTHS |
10.75% |
Terms & Conditions:-
- Minimum M.I.P would be of Rs. 10000/- and further in multiple of Rs.10000/-
- No TDS Deducted on interest paid by Maharsha on Deposits.
- Special M.I.P is applicable only for Senior citizens, women, and Govt. employ and for pensioners.
- Loan available against Deposit up to 50% of deposited amount after six months from the date of deposit.
Payment before maturity not allowed for 24 months deposit Plan and Payment before Maturity allowed to other M.I.P 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.
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