SCHEME-MONTHLY INCOME PLAN


HWCTCSL - MIP

Monthly Income Plan - MIP' A type of investment vehicle that provides a specified monthly payment to the investor. This monthly payment is intended to be a stable form of income and is therefore typically suited for retired persons or senior citizens without other substantial sources of monthly income.

MIP CHART
Plan Redemption Period Principle Value Return/Month Maturity Value
MIP-3 3 Years 100000 700 1000000
MIP-5 5 Years 100000 1000 1000000
MIP-7 7 Years 100000 1200 1000000