{"id":236,"date":"2026-07-19T10:02:03","date_gmt":"2026-07-19T10:02:03","guid":{"rendered":"https:\/\/demo.meridianuae.com\/2026\/ctb\/?post_type=services&#038;p=236"},"modified":"2026-08-12T03:49:17","modified_gmt":"2026-08-12T03:49:17","slug":"monthly-savings-scheme","status":"publish","type":"services","link":"https:\/\/demo.meridianuae.com\/2026\/ctb\/services\/monthly-savings-scheme\/","title":{"rendered":"Monthly Savings Scheme"},"content":{"rendered":"<p>Beneficial to all sorts of customers, MSS are an attractive scheme similar to Chit fund schemes proposed by the Bank. Any member of the Bank can join the scheme, as per terms and conditions in the approved subsidiary regulations. Members shall be categorized into different Groups of members and the scheme will be projected for the stipulated term of months. On its maturity, the amount will be refunded to the depositor with Interest. Loan will be issued to members under this scheme up to maximum of 70% of the MSS (maximum of \u20b950 lakh). Interest will be charged and security should be offered.<\/p>\r\n\r\n<p>A meeting of all the members will be convened at the premises of the branches at a fixed time on a fixed day every month for the purpose of availing financial assistance under the scheme. The amount collected as deposit in each group may be advanced to any member in the group who has offered the maximum bonus commission. In case more than one person applies for the assistance, the beneficiary will be chosen through negotiation or taking lots. 5% of the deposit will be charged as guarantee commission, the bonus commission in each group will be distributed equally among all the depositors. The depositors need pay only the remainder portion of amount as premium for the next months.<\/p>\r\n\r\n<h3 class=\"subheading\">Monthly Savings Scheme<\/h3>\r\n<div class=\"table-responsive\">\r\n    <table class=\"table table-bordered\">\r\n        <thead>\r\n            <tr>\r\n                <th>Sala<\/th>\r\n                <th>Time Period (Months)<\/th>\r\n                <th>Instalment<\/th>\r\n                <th>Amount on 30% discount<\/th>\r\n                <th>Daily earned amount<\/th>\r\n            <\/tr>\r\n        <\/thead>\r\n        <tbody>\r\n            <tr>\r\n                <td>10 Lakhs<\/td>\r\n                <td>50<\/td>\r\n                <td>20, 000<\/td>\r\n                <td>15, 000<\/td>\r\n                <td>600 &#8211; 800<\/td>\r\n            <\/tr>\r\n            <tr>\r\n                <td>5 Lakhs<\/td>\r\n                <td>50<\/td>\r\n                <td>10, 000<\/td>\r\n                <td>7, 500<\/td>\r\n                <td>300 &#8211; 400<\/td>\r\n            <\/tr>\r\n            <tr>\r\n                <td>3 Lakhs<\/td>\r\n                <td>30<\/td>\r\n                <td>10, 000<\/td>\r\n                <td>7, 500<\/td>\r\n                <td>300 &#8211; 400<\/td>\r\n            <\/tr>\r\n            <tr>\r\n                <td>2 Lakhs<\/td>\r\n                <td>20<\/td>\r\n                <td>10, 000<\/td>\r\n                <td>7, 500<\/td>\r\n                <td>300 &#8211; 400<\/td>\r\n            <\/tr>\r\n            <tr>\r\n                <td>1 Lakh<\/td>\r\n                <td>20<\/td>\r\n                <td>5, 000<\/td>\r\n                <td>3, 750<\/td>\r\n                <td>150 &#8211; 200<\/td>\r\n            <\/tr>\r\n        <\/tbody>\r\n    <\/table>\r\n<\/div>","protected":false},"featured_media":0,"template":"","meta":{"_acf_changed":false,"inline_featured_image":false},"class_list":["post-236","services","type-services","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Monthly Savings Scheme in Kozhikode | Calicut Town Bank<\/title>\n<meta name=\"description\" content=\"Discover the Monthly Savings Scheme from Calicut Town Bank, designed to help customers save regularly and build financial security with ease over time.\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Monthly Savings Scheme in Kozhikode | Calicut Town Bank\" \/>\n<meta property=\"og:description\" content=\"Discover the Monthly Savings Scheme from Calicut Town Bank, designed to help customers save regularly and build financial security with ease over time.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/demo.meridianuae.com\/2026\/ctb\/services\/monthly-savings-scheme\/\" \/>\n<meta property=\"og:site_name\" content=\"Calicut Town Service Co-operative Bank Ltd\" \/>\n<meta property=\"article:modified_time\" content=\"2026-08-12T03:49:17+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/demo.meridianuae.com\\\/2026\\\/ctb\\\/services\\\/monthly-savings-scheme\\\/\",\"url\":\"https:\\\/\\\/demo.meridianuae.com\\\/2026\\\/ctb\\\/services\\\/monthly-savings-scheme\\\/\",\"name\":\"Monthly Savings Scheme in Kozhikode | Calicut Town Bank\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/demo.meridianuae.com\\\/2026\\\/ctb\\\/#website\"},\"datePublished\":\"2026-07-19T10:02:03+00:00\",\"dateModified\":\"2026-08-12T03:49:17+00:00\",\"description\":\"Discover the Monthly Savings Scheme from Calicut Town Bank, designed to help customers save regularly and build financial security with ease over time.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/demo.meridianuae.com\\\/2026\\\/ctb\\\/services\\\/monthly-savings-scheme\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/demo.meridianuae.com\\\/2026\\\/ctb\\\/services\\\/monthly-savings-scheme\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/demo.meridianuae.com\\\/2026\\\/ctb\\\/services\\\/monthly-savings-scheme\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/demo.meridianuae.com\\\/2026\\\/ctb\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Monthly Savings Scheme\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/demo.meridianuae.com\\\/2026\\\/ctb\\\/#website\",\"url\":\"https:\\\/\\\/demo.meridianuae.com\\\/2026\\\/ctb\\\/\",\"name\":\"Calicut Town Service Co-operative Bank Ltd\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/demo.meridianuae.com\\\/2026\\\/ctb\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Monthly Savings Scheme in Kozhikode | Calicut Town Bank","description":"Discover the Monthly Savings Scheme from Calicut Town Bank, designed to help customers save regularly and build financial security with ease over time.","robots":{"index":"noindex","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"og_locale":"en_US","og_type":"article","og_title":"Monthly Savings Scheme in Kozhikode | Calicut Town Bank","og_description":"Discover the Monthly Savings Scheme from Calicut Town Bank, designed to help customers save regularly and build financial security with ease over time.","og_url":"https:\/\/demo.meridianuae.com\/2026\/ctb\/services\/monthly-savings-scheme\/","og_site_name":"Calicut Town Service Co-operative Bank Ltd","article_modified_time":"2026-08-12T03:49:17+00:00","twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/demo.meridianuae.com\/2026\/ctb\/services\/monthly-savings-scheme\/","url":"https:\/\/demo.meridianuae.com\/2026\/ctb\/services\/monthly-savings-scheme\/","name":"Monthly Savings Scheme in Kozhikode | Calicut Town Bank","isPartOf":{"@id":"https:\/\/demo.meridianuae.com\/2026\/ctb\/#website"},"datePublished":"2026-07-19T10:02:03+00:00","dateModified":"2026-08-12T03:49:17+00:00","description":"Discover the Monthly Savings Scheme from Calicut Town Bank, designed to help customers save regularly and build financial security with ease over time.","breadcrumb":{"@id":"https:\/\/demo.meridianuae.com\/2026\/ctb\/services\/monthly-savings-scheme\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/demo.meridianuae.com\/2026\/ctb\/services\/monthly-savings-scheme\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/demo.meridianuae.com\/2026\/ctb\/services\/monthly-savings-scheme\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/demo.meridianuae.com\/2026\/ctb\/"},{"@type":"ListItem","position":2,"name":"Monthly Savings Scheme"}]},{"@type":"WebSite","@id":"https:\/\/demo.meridianuae.com\/2026\/ctb\/#website","url":"https:\/\/demo.meridianuae.com\/2026\/ctb\/","name":"Calicut Town Service Co-operative Bank Ltd","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/demo.meridianuae.com\/2026\/ctb\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/demo.meridianuae.com\/2026\/ctb\/wp-json\/wp\/v2\/services\/236","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/demo.meridianuae.com\/2026\/ctb\/wp-json\/wp\/v2\/services"}],"about":[{"href":"https:\/\/demo.meridianuae.com\/2026\/ctb\/wp-json\/wp\/v2\/types\/services"}],"wp:attachment":[{"href":"https:\/\/demo.meridianuae.com\/2026\/ctb\/wp-json\/wp\/v2\/media?parent=236"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}