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Monthly Income Scheme

Getting a guaranteed monthly income is an important goal for people, especially retired senior citizens. Tapindu Urban Coop Bank Monthly Income Plan is a fixed deposit plan that pays monthly interest to give you a fixed income every month to meet your expenses. You can invest funds that are lying idle in our Fixed Deposit Schme for a regular monthly income that will provide a degree of income certainty every month.

Additional Interest for senior citizens

  • The Tapindu Urban Coop Bank Fixed Deposit Scheme provides an additional 0.5% rate of interest to senior citizens. They can take advantage of the higher rate of interest to get a better rate for monthly income scheme.

Loan/Overdraft feature:

  • In case of fund requirements you can avail loan upto 90% of the value of the Fixed Deposit.