Post Office Monthly Income Scheme 2024
Post Office Monthly Income Scheme Through this post office scheme you can get your desired income per month…a rare post office scheme where you get 4000 thousand to 1,00,000 in your account every month…!
Post Office Monthly Income Scheme :
There is any scheme where we get a fixed income every month without any risk in the future that is Post Office Monthly Income Scheme. Why is there a delay in joining this scheme and know the complete details here. Everyone wants to get some return on our hard earned money. But some people look at risk and see investment as their return, while others look for stable income without risk, but for such, it can be said that Post Office Monthly Income Scheme is a good option. This scheme is good for good security of investment and steady earning. For those who want to get a fixed monthly income, this scheme especially retirees as well as senior citizens will get a definite income for their expenses. We have many types of savings schemes available at Post Office but this monthly income scheme is one of the best monthly income schemes out there. In this scheme we have to invest a large amount at once and then we can get it as a fixed income for five years.
Post Office Monthly Income Scheme The money deposited in this scheme has no relation with market rate fluctuations. That means it helps in keeping your deposited amount safe. This scheme has good public acceptance as a stable income generating scheme. If you want to deposit in this scheme you need to know some details. Now check the details like eligibility, interest and maturity to join this scheme Post Office Monthly Income Scheme
Anyone can open an account in Post Office Monthly Income Scheme. In this scheme we can also open joint account maximum three people can open. If children who have completed 10 years of age want to take this scheme then their guardian can open a minor account.
Minimum investment in this scheme is Rs.1000 and maximum is Rs.9 lakh in single account and maximum is Rs.15 lakh in joint account.
Currently, 7.4 percent interest is given to those who open this story. Interest is paid into your account every month till maturity. It should be remembered that the entire amount earned through this scheme is subject to interest tax.
Maturity of 5 years is completed after opening MIS account. In case of early cancellation, the remaining amount will be refunded after deducting some percentage of interest as per the rules.
Those who open a joint account and make an initial deposit of Rs 15 lakh will get Rs 9,250 monthly. You can choose the scheme and save according to your monthly expenses and income.
Note : It is not our main mission to tell you to invest in Post Office Monthly Income Scheme, our main mission is to tell the benefits of the policy and make them understandable to everyone…
