Post Office Monthly Income Scheme – Everyone thinks about investing to secure the future. And in such a situation, investors look for such options to invest where there is less risk and more returns. For this, this scheme of post office is best for you.
In this scheme you have to open a joint account which will increase your deposit limit. Through this scheme you can earn more than Rs 9 thousand every month. Let us know in detail in the news below-
If you want to invest in such a scheme in 2024 in which your deposited money will be safe and you will also get regular income, then Post Office Monthly Income Scheme is for you, which can prove to be very useful for you. Is.
- The best thing about this scheme is that whatever amount you invest in it, it remains safe.
- Apart from this, you also get interest on your investment every month.
- Post Office MIS Account can be opened both single and joint.
- If you open this account jointly with your wife, brother or any family member, your deposit limit also increases.
- In such a situation, you can earn Rs 5,55,000 sitting at home through this scheme.
- Monthly interest income from post office MIS account
- Post Office Monthly Savings Scheme is a deposit scheme.
- In this, there is income every month on lump sum deposit.
- The interest received on the account is paid every month into the post office savings account.
- After 5 years you can withdraw your deposited amount.
- If you want to avail the benefits of the scheme further, you can open a new account after maturity.
Post Office MIS: Single and Joint Account
- In this scheme you can open single and joint account.
- Joint account can also be opened by two or three people together.
- You can deposit up to Rs 9 lakh in a single account and up to Rs 15 lakh in a joint account.
- Obviously if the deposits are more then the earnings will also be more.
- In such a situation, if you and your wife open this account together, you will earn more than Rs 5 lakh from interest alone.
How to earn Rs 5,55,000 from this scheme?
- At present, interest is available at the rate of 7.4 percent in the monthly savings scheme of the post office.
- If you deposit Rs 15 lakh in this along with your wife, then you will earn Rs 9,250 every month at the rate of 7.4 percent interest.
- In this way, there will be a guaranteed income of Rs 1,11,000 in a year. 1,11,000 x 5 = 5,55,000
- In this way, in 5 years both will earn Rs 5,55,000 only from interest.
- If you open this account as a single account, you can deposit a maximum of Rs 9 lakh.
- In this case, you will get interest of Rs 5,550 every month.
In this way, you can take Rs 66,600 as interest in a year and in 5 years you can earn Rs 3,33,000 only from interest.
How to open post office MIS account?
- Any citizen of any country can open an account in Post Office Monthly Income Scheme.
The account can also be opened in the name of the child. - If the child is under 10 years of age, their parent or legal guardian can open the account in their name.
- When the child turns 10, he can get the right to operate the account himself.
- For MIS account, you must have a savings account in the post office.
- It is mandatory to provide Aadhar Card, PAN Card for ID proof.
