Mashik Sanchaya Scheme(MSS)

Mashik Sanchaya Scheme (MSS) is a DPS scheme where the customer builds their savings habits by depositing installment monthly and gets a handsome return after the tenure is complete.
 

Features:
  •  Flexible tenure of 3, 5, 8 & 10 years.
  • The Maturity Value Table is provided in the below table:

 

 

Monthly
Installment

3 Year

5 Year

8 Year

10 Year

Maturity Amount (10.50%)

Maturity Amount (11.00%)

Maturity Amount (12.25%)

Maturity Amount (13.00%)

500.00

21,091.00

39,593.00

79,416.00

118,301.00

1,000.00

42,182.00

79,186.00

158,833.00

236,602.00

1,500.00

63,273.00

118,780.00

238,249.00

354,903.00

2,000.00

84,365.00

158,373.00

317,665.00

473,203.00

2,500.00

105,456.00

197,966.00

397,082.00

591,504.00

5,000.00

210,912.00

395,932.00

794,163.00

1,183,008.00

10,000.00

421,823.00

791,865.00

1,588,327.00

2,366,017.00

15,000.00

632,735.00

1,187,797.00

2,382,490.00

3,549,025.00

20,000.00

843,646.00

1,583,730.00

3,176,653.00

4,732,034.00

25,000.00

1,054,558.00

1,979,662.00

3,970,817.00

5,915,042.00


Terms and Conditions:
  •  Tax, Excise and other duty applicable to the scheme will be deducted from encashment value of the scheme.
  •  All terms and conditions applicable for the prevailing schemes will be applicable for the scheme.
  •  For any further query please contact your nearest Padma Bank Branch or call 16612