Monthly Income Scheme (MIS)
Invest once. Earn every month. NMD Society's MIS turns your savings into a steady monthly income — keeping your principal safe while your money works
Monthly Income Scheme
Your Savings, Paying You Every Month
The NMD Society Monthly Income Scheme (MIS) is a unique deposit plan designed to provide you with a regular, guaranteed monthly income on your invested amount — without ever touching your principal. Think of it as turning your savings into a personal pension or salary supplement.
Simply deposit a lump sum amount with NMD Society under the MIS plan. Every month, without fail, the interest earned on your deposit is credited directly to your account as your monthly income. At the end of the chosen tenure, your full principal amount is returned to you — completely intact.
How it works: Invest ₹1,00,000 for 36 months at 11% p.a. and earn approximately ₹917 every month as income. At maturity, your ₹1,00,000 is returned in full. Your principal never reduces — ever.
With interest rates ranging from 9% to 11% per annum depending on your chosen tenure, MIS offers one of the highest monthly income yields among co-operative savings instruments — far better than bank FDs, post office MIS, or senior citizen savings schemes in comparable categories.
It is the ideal scheme for retirees, homemakers, passive income seekers, and anyone who wants their savings to generate a monthly cash flow without any risk to the capital.
per annum
How the Monthly Income Scheme Works
MIS is one of the simplest financial products — invest once, receive income monthly, get your money back at maturity.
Invest a Lump Sum
Deposit a one-time amount (minimum ₹5,000) under the MIS plan with NMD Society for your chosen tenure of 12, 24, or 36+ months.
Earn Monthly Interest
Every month, the Society credits the interest earned on your deposit directly to your Saving Account as your monthly income payout.
Spend or Re-invest
Use your monthly income for household expenses, utilities, EMIs, or any other need. Or reinvest it to build further wealth — the choice is yours.
Get Capital Back
At the end of your chosen tenure, your full principal amount is returned to you — completely untouched. Your capital was never at risk.
Monthly Income for Every Deposit Amount
Select a tenure tab below to see the monthly income you will receive, annual total, and the maturity amount for different investment levels.
| Deposit Amount | Monthly Income | Annual Income | Total Tenure (12M) | Maturity (Principal Back) |
|---|---|---|---|---|
| ₹5,000 | ₹38 | ₹450 | ₹450 | ₹5,000 |
| ₹10,000 | ₹75 | ₹900 | ₹900 | ₹10,000 |
| ₹25,000 | ₹188 | ₹2,250 | ₹2,250 | ₹25,000 |
| ₹50,000 | ₹375 | ₹4,500 | ₹4,500 | ₹50,000 |
| ₹1,00,000 | ₹750 | ₹9,000 | ₹9,000 | ₹1,00,000 |
| ₹2,00,000 | ₹1,500 | ₹18,000 | ₹18,000 | ₹2,00,000 |
| ₹5,00,000 | ₹3,750 | ₹45,000 | ₹45,000 | ₹5,00,000 |
| Deposit Amount | Monthly Income | Annual Income | Total Over 24M | Maturity (Principal Back) |
|---|---|---|---|---|
| ₹5,000 | ₹42 | ₹500 | ₹1,000 | ₹5,000 |
| ₹10,000 | ₹83 | ₹1,000 | ₹2,000 | ₹10,000 |
| ₹25,000 | ₹208 | ₹2,500 | ₹5,000 | ₹25,000 |
| ₹50,000 | ₹417 | ₹5,000 | ₹10,000 | ₹50,000 |
| ₹1,00,000 | ₹833 | ₹10,000 | ₹20,000 | ₹1,00,000 |
| ₹2,00,000 | ₹1,667 | ₹20,000 | ₹40,000 | ₹2,00,000 |
| ₹5,00,000 | ₹4,167 | ₹50,000 | ₹1,00,000 | ₹5,00,000 |
| Deposit Amount | Monthly Income | Annual Income | Total Over 36M | Maturity (Principal Back) |
|---|---|---|---|---|
| ₹5,000 | ₹46 | ₹550 | ₹1,650 | ₹5,000 |
| ₹10,000 | ₹92 | ₹1,100 | ₹3,300 | ₹10,000 |
| ₹25,000 | ₹229 | ₹2,750 | ₹8,250 | ₹25,000 |
| ₹50,000 | ₹458 | ₹5,500 | ₹16,500 | ₹50,000 |
| ₹1,00,000 | ₹917 | ₹11,000 | ₹33,000 | ₹1,00,000 |
| ₹2,00,000 | ₹1,833 | ₹22,000 | ₹66,000 | ₹2,00,000 |
| ₹5,00,000 | ₹4,583 | ₹55,000 | ₹1,65,000 | ₹5,00,000 |
* All values are indicative and calculated on simple interest. Actual monthly payouts may vary marginally. Please visit your nearest NMD Society branch for precise figures applicable at the time of enrollment.
How Much Will You Earn Every Month?
Enter your investment amount and tenure to instantly see your guaranteed monthly income, annual earnings, and total interest over the full tenure.
MIS Investment Details
💡 Did you know?
With ₹5,00,000 invested for 36 months at 11% p.a., you earn ₹4,583 every single month — that's ₹55,000 per year in income — while your ₹5,00,000 stays completely safe.
Your MIS Income Summary
NMD Society MIS vs. Other Monthly Income Options
See how NMD Society's Monthly Income Scheme stacks up against common alternatives for generating monthly passive income.
| Feature | NMD Society MIS Best | Post Office MIS | Bank FD (Monthly Payout) |
|---|---|---|---|
| Interest Rate (p.a.) | 9% – 11% | 7.4% | 6% – 7.5% |
| Monthly Payout | ✓ Yes | ✓ Yes | ✓ Yes |
| Principal Returned at Maturity | ✓ Yes | ✓ Yes | ✓ Yes |
| No TDS on Interest | ✓ Yes | ✗ TDS applicable | ✗ TDS applicable |
| Minimum Investment | ₹5,000 | ₹1,500 | ₹10,000+ |
| Member-Centric Governance | ✓ Yes | ✗ Government | ✗ Corporate |
| Nomination Facility | ✓ Yes | ✓ Yes | ✓ Yes |
| Processing | Same-day opening | 2–3 days | 1–2 days |
* Comparison rates are approximate market averages as of 2025. NMD Society rates are subject to change per Society policy. Please visit your branch for current figures.
Why NMD Society MIS is the Smart Choice
Everything you need from a passive income plan — high yield, capital safety, flexibility, and complete transparency.
Guaranteed Monthly Income
Receive a fixed, predictable amount every single month — directly credited to your NMD Society account. No surprises, no delays, no market risk.
Principal 100% Safe
Your invested principal is fully protected and returned to you at the end of the tenure. MIS pays you monthly interest — your capital is never spent or reduced.
Higher Yield than Banks
NMD Society MIS offers up to 11% p.a. — significantly higher than post office MIS (7.4%), bank FD interest payouts, or senior citizen savings schemes.
No TDS on Income
The monthly interest income you receive is not subject to TDS deduction. You receive the full payout amount every month — nothing deducted at source.
Flexible Tenure Options
Choose from 12 months (9%), 24 months (10%), or 36 months and above (11%). Select the tenure that best aligns with your income and financial planning needs.
Low Minimum Investment
Start with just ₹5,000 (and add in multiples of ₹100). MIS is accessible to everyone — from small savers to large investors seeking passive income.
Nomination Facility
Register a nominee for your MIS account. In any unforeseen situation, the accrued interest and principal are seamlessly transferred to your registered nominee.
Auto-Renewal at Maturity
Choose auto-renewal at maturity to keep your monthly income flowing without interruption. Your principal is automatically re-invested for a fresh term at the prevailing rate.
Fully Computerised & Transparent
All MIS accounts and interest credits are maintained in a fully computerised system. Every payout is recorded in your passbook — complete transparency, always.
How to Start Your Monthly Income Scheme
Opening an MIS account with NMD Society is straightforward — just a few simple steps between you and your monthly income.
Become a Member
NMD Society membership is mandatory. Visit the nearest branch with your KYC documents to enroll as a member quickly and easily.
Visit the Branch
Visit any NMD Society branch. Our staff will explain all MIS plans, help you choose the right tenure, and provide you with the application form.
Choose Your Plan
Decide on your investment amount (min. ₹5,000), preferred tenure (12/24/36+ months), and your nominee. Our team will show you the exact monthly income you will receive.
Submit & Deposit
Submit the MIS form with KYC documents and your investment amount. Your account is activated on the same day — your first monthly payout follows within the month.
Receive Monthly Income
Every month, your income is credited directly to your NMD Society Saving Account. At tenure end, your full principal is returned. Renew or withdraw — your choice!
Documents Required
Keep these documents ready for a smooth, same-day MIS account activation.
🪪 Identity & Address Proof
- Aadhaar Card (mandatory)
- Voter ID Card
- PAN Card
- Passport (if available)
- Electricity or Water Bill (address proof)
- Rent Agreement + Landlord's ID (for tenants)
📸 Additional Requirements
- 3 recent passport-size photographs
- Completed MIS Application Form (from branch)
- Active NMD Society Membership details
- NMD Society Saving Account details (for income credit)
- Nominee's name, relationship & Aadhaar/ID proof
- Investment amount (cash / cheque / transfer)
📢 Important Notice
NMD Society never asks for OTPs, passwords, or advance fees. All MIS transactions must be conducted only at official NMD Society branches. Monthly income is always credited to your registered NMD Society account — never to an external account without your written authorisation.
