SCMIDS

Senior citizens monthly income-deposit scheme

Senior citizens monthly income-deposit scheme

Kadamba is intending to provide our senior citizens with a steady and secure source of income for their post-retirement phase.

The Senior Citizens Monthly Income Deposit Scheme is a specially designed savings scheme by Kadamba, which is initiated in this year (2000) itself. And its primary goal is to give financial assistance to retired or any senior individuals by ensuring that they have some regular income flow

The Senior Citizens Monthly Income Deposit Scheme (SCMIDS) offers regular monthly income and it is the only scheme that, our senior citizens can get highest returns among all available schemes across India.

Image title

Highest rate of interest

India’s Best Monthly Income Scheme

  • Customer shall be above 60 years
  • Deposit starts from minimum RS-100000.00
  • Duration would be 5 years
  • Monthly interest payable to the customers
  • Members can avail loan up to 90%