Scheme

Monthly Income Scheme

Guaranteed Monthly Income for Retired Employees

by Godavari Krishna Co-Operative Society

The Monthly Income Scheme is a secure deposit plan designed especially for retired employees and senior investors who need a steady, predictable monthly income. With assured interest, capital safety, and loan support, this scheme offers peace of mind along with regular cash flow.

What is the Monthly Income Scheme?

The Monthly Income Scheme allows you to invest a lump sum and receive interest every month, making it ideal for retirees who depend on fixed monthly income for daily expenses, medical needs, and family support.

This scheme is non-market linked, ensuring stability and guaranteed returns.

Minimum Deposit: Minimum deposit of ₹50,000 (multiples of ₹10,000)

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Key features

Eligibility: Ideal for retired employees, senior citizens, and income-seeking investors.
Tenure Options & Interest Rates
- 1 to 2 Years — 12% interest per annum.
- 3 Years and above (up to 15 years) — 12.3% interest per annum.
Interest Payout
- Interest paid monthly.
- Ensures regular and reliable income.

Need assistance?

Our team can help you choose the right scheme and explain returns, tenure, and eligibility.

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Monthly Income Illustration

For a deposit of ₹1,00,000:

Tenure	Monthly Income
1–2 Years	₹1,000 per month
3 Years & above (up to 15 years)	₹1,025 per month

Income amounts are indicative and subject to scheme terms.

Loan Facility Against Deposit

You can avail a loan against this deposit as per applicable terms and conditions.
This allows retirees to meet urgent financial needs without disturbing their monthly income.

Why This Scheme is Ideal for Retired Employees

Fixed monthly income for daily living expenses
Safe and assured returns without market risk
Higher interest than regular savings options
Capital remains secure
Loan support available during emergencies
Simple, transparent, and reliable deposit scheme

The Monthly Income Scheme helps retirees maintain financial independence and stability.

FAQs

Who should invest in the Monthly Income Scheme?

This scheme is best suited for retired employees, senior citizens, and individuals seeking fixed monthly income.

Is the monthly income guaranteed?

Yes. Interest is paid monthly at a fixed rate.

Is premature withdrawal allowed?

Premature withdrawal is allowed subject to applicable terms and conditions, including a reduced interest rate.

Secure Your Monthly Income Today

Enjoy financial comfort after retirement with a guaranteed monthly income deposit you can rely on.

Visit your nearest branch of Godavari Krishna Co-Operative Society