Monthly Income Plan Calculator - T & C - TTMSCCSL

XLNC MONTHLY INCOME PLAN (XMIP)
ONE TIME DEPOSIT AMOUNT 12 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 12 XMI 24 XMI 36 XMI 60 XMI 84
20,000 142 163 171 179 179
50,000 354 406 427 448 448
1,00,000 708 813 854 896 896
2,00,000 1,417 1,625 1,708 1,792 1,792
5,00,000 3,542 4,063 4,271 4,479 4,479
10,00,000 7,083 8,125 8,542 8,958 8,958
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.