Monthly Income Plan Calculator - T & C - TTMSCCSL

XLNC MONTHLY INCOME PLAN (XMIP)
ONE TIME DEPOSIT AMOUNT12 MONTHS
8.50% P.A
24 MONTHS
9.75% P.A
36 MONTHS
10.25% P.A
60 MONTHS
10.75% P.A
84 MONTHS
10.75% P.A
XMI 12XMI 24XMI 36XMI 60XMI 84
20,000142163171179179
50,000354406427448448
1,00,000708813854896896
2,00,0001,4171,6251,7081,7921,792
5,00,0003,5424,0634,2714,4794,479
10,00,0007,0838,1258,5428,9588,958
TERMS & CONDITIONS:

1) Minimum XMIP would start with Rs. 20,000 and further with multiple of Rs.10,000.

2) First monthly income will be paid after 30 days.

PREMATURE WITHDRAWAL TERMS & CONDITION

A) For 12 month MIP no premature withdrawal.

B) For 24 month MIP no premature before 12 months.
Premature withdrawal between 13 to 18 months interest of 4.5% p.a. only will be applicable, 19th month onwards interest of 5% p.a. only will be applicable.

C) For 36 months MIP no premature withdrawal before 18 months. Premature withdrawal between 19-30 months interest of 4.5%p.a.only will be applicable, 31st month onwards interest of 5% p.a. only will be applicable.

D) For 60 months & above MIP no premature withdrawal before 30 months. Premature withdrawal between 31 to 48 months interest of 5%p.a. only will be applicable, 49th month onwards interest of 5.5% p.a. only will be applicable.

E) All paid Interest will be deducted from the Principal Amount.

IMPORTANT NOTE: This app, BankLee, is NOT affiliated with any financial institution.

Calculated results may have inaccuracies, discrepancies, or errors.

Please verify all calculations with official sources.