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What is the Minimum amount required to be deposited in the case of Cumulative Interest Payment Scheme ?

April 26, 2017Case cumulative deposited minimum payment Scheme

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What is the Minimum amount required to be deposited in the case of Cumulative Interest Payment Scheme ?

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In the case of Cumulative Interest Payment Scheme â€”I ( CIPS-I), the minimum amount required to be invested is Rs. 10,000/- and the minimum period is 12 months. In the case of Cumulative Interest Payment Scheme- II ( CIPS-II), the minimum period is 60 months and minimum amount is Rs.