TERMS & CONDITION

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

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.
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.