Post Office Monthly Income Scheme

Post Office Monthly Income Scheme in which you get guaranteed income every month by making a lump sum deposit.

Market volatility does not affect your investment money is completely safe.

Invest in MIS account. Its maturity is of 5 years. After five years you will start getting guaranteed monthly income.

In MIS Investment If a person opens this account with a lump sum deposit of Rs 2 lakh, then he will have an income of Rs 13,200 annually for the next five years after maturity.

That is, every month you will get Rs 1,100. In this way, you will get total interest of Rs.66,000 in five years. At present, 6.6% annual interest is being paid on the MIS of the post office.

At present, 6.6% annual interest is being paid on the MIS of the post office.

POMIS: Rules

POMIS: Rules

1. Two or three people can also open a joint account.

2. Convert a joint account to a single account also convert a single account into a joint account.

3. Transfer MIS account from one post office to another post office.

POMIS: Rules

4. On maturity i.e. completion of five years, it can be extended for a further 5-5 years.

5. Nomination facility is available in MIS account. This scheme money is completely safe.

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