This scheme features interest payable at the contracted rate every month, on the fixed deposit which is accepted for any period from 1 year to 5 years. Suitable for investors who want to earn a regular fixed income with guaranteed returns at a certain rate of interest every month. If you’re looking to get monthly income, you can choose the option to get payouts on a monthly basis.
To enable the depositor(s) to earn high rate of Interest below are the slabs for Interest Rates provided:
WEMS MONTHLY INCOME PLAN
| Scheme Code | Amount | Interst 8.5% | Mly Income | Total Interst | Maturity Bonus @2% |
|---|---|---|---|---|---|
| MIS_60 Month | 1,00,000/- | 8.50% | 708.00 | 42,480.00 | 1,02000.00 |
| MIS_60 Month | 2,00,000/- | 8.50% | 1,417.00 | 85,020.00 | 2,04000.00 |
| MIS_60 Month | 3,00,000/- | 8.50% | 2,125.00 | 1,27,500.00 | 3,06000.00 |
| MIS_60 Month | 4,00,000/- | 8.50% | 2,833.00 | 1,69,980.00 | 4,08000.00 |
| MIS_60 Month | 5,00,000/- | 8.50% | 3,542.00 | 2,12,520.00 | 5,10,000.00 |
| MIS_60 Month | 6,00,000/- | 8.50% | 4,250.00 | 2.55.000.00 | 6,12,000.00 |
| MIS_60 Month | 7,00,000/- | 8.50% | 4,958.00 | 2,97,480.00 | 7,14,000.00 |
| MIS_60 Month | 8,00,000/- | 8.50% | 5,667.00 | 3,40,020.00 | 8,16.000.00 |
| MIS_60 Month | 9,00,000/- | 8.50% | 6,375.00 | 3,82,500.00 | 9,18,000.00 |
| MIS_60 Month | 10,00,000/- | 8.50% | 7,083.00 | 4,24,980.00 | 10,20,000.00 |
| MIS_60 Month | 11,00,000/- | 8.50% | 7,792.00 | 4,67,520.00 | 11,22,000.00 |
| MIS_60 Month | 12,00,000/- | 8.50% | 8,500.00 | 5,10,000.00 | 12,24,000.00 |
| MIS_60 Month | 13,00,000/- | 8.50% | 9208.00 | 5,52,480.00 | 13,26,000.00 |
| MIS_60 Month | 14,00,000/- | 8.50% | 9,917.00 | 5,95,020.00 | 14,28,000.00 |
| MIS_60 Month | 15,00,000/- | 8.50% | 10,625.00 | 6,37,500.00 | 15,30,000.00 |
| MIS_60 Month | 16,00,000/- | 8.50% | 11,333.00 | 6,79,980.00 | 16,32,000.00 |
| MIS_60 Month | 17,00,000/- | 8.50% | 12,042.00 | 7,22,520.00 | 17,34,000.00 |
| MIS_60 Month | 18,00,000/- | 8.50% | 12,750.00 | 7,65,000.00 | 18,36,000.00 |
| MIS_60 Month | 19,00,000/- | 8.50% | 13,458.00 | 8.07,480.00 | 19,38,000.00 |
| MIS_60 Month | 20,00,000/- | 8.50% | 14,167.00 | 8,50,020.00 | 20,40,000.00 |
| MIS_60 Month | 25,00,000/- | 8.50% | 17,708.00 | 10,62,480.00 | 25,50,000.00 |
| MIS_60 Month | 30,00,000/- | 8.50% | 21,250.00 | 12,75,000.00 | 30,60,000.00 |
| MIS_60 Month | 35,00,000/- | 8.50% | 24,792.00 | 14,87,520.00 | 35,70,000.00 |
| MIS_60 Month | 40,00,000/- | 8.50% | 28,333.00 | 16.99,980.00 | 40,80,000.00 |
| MIS_60 Month | 45,00,000/- | 8.50% | 31,875.00 | 19,12,500.00 | 45,90,000.00 |
| MIS_60 Month | 50,00,000/- | 8.50% | 35,417.00 | 21,25,020.00 | 51,00,000.00 |
| MIS_60 Month | 60,00,000/- | 8.50% | 42,500.00 | 25,50,000.00 | 61,20,000.00 |
| MIS_60 Month | 65,00,000/- | 8.50% | 46,042.00 | 27,62,520.00 | 66,30,000.00 |
| MIS_60 Month | 70,00,000/- | 8.50% | 49,583.00 | 29,74,980.00 | 71,40,000.00 |
| MIS_60 Month | 75,00,000/- | 8.50% | 53,125,00 | 31,87,500.00 | 76,50,000.00 |
| MIS_60 Month | 80,00,000/- | 8.50% | 56,667.00 | 34,00,020.00 | 81,60,000.00 |
| MIS_60 Month | 85,00,000/- | 8.50% | 60,208.00 | 36,12,480.00 | 86,70,000.00 |
| MIS_60 Month | 90,00,000/- | 8.50% | 63,750.00 | 38,25,000.00 | 91,80,000.00 |
| MIS_60 Month | 95,00,000/- | 8.50% | 67,292.00 | 40,37,520.00 | 96,90,000.00 |
| MIS_60 Month | 100,00,000/- | 8.50% | 70,833.00 | 42,49,980.00 | 10,200,000.00 |