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Monthly Fixed Deposit Scheme

True to it’s name, the scheme features interest payable at the contracted rate every month on the FD which is accepted for any period from one year to five years. Key features of MIS are:

  • Earn up to 10.5%p.a. from MIS with UUCC.
  • Minimum amount of deposit for opening a MIS with UUCC is Rs.1 lakh only
  • Interest is paid/ credited to the Saving account of the member during the first week of every month.
  • Avail quick Loan Against your MIS deposit (Up to 90% of Principal deposit)
  • To enable the depositors to ear high rate of interest below are the slabs for interest rates provided.

Duration Annual Interest Rate Annual ROI for Senior Citizen & Women
181 to 365 days 8% 8.5%
1 to 2 Years 9% 9.5%
1 to 2 Years 9.5% 10%
2 to 3 Years 10% 10.5%
3 to 5 years 10.5% 11%