The post office runs a variety of saving schemes, many of its schemes are quite popular among people, usually investment in post office is considered safe, so millions of people have invested in its schemes, investing in post office schemes Tax you can achieve excellent returns.
There is a popular scheme of the post office, the monthly income scheme, so that you can get guaranteed income every month, in this, you just have to deposit money and leave it once, this scheme will continue to give you income as interest every month, and maturity time You will get the entire money you deposited as soon as you are completed, the advantage of investment in government schemes is that your money is safe in this, the monthly income scheme of the post office also guarantees security and returns.
MIS Who can open the account:
Any Indian citizen who is 10 years or more, can open an MIS account, if someone wants to open an account of a child under 10 years of age, but the condition is that his account, by his parents Will be run.
In this, two or three people can also open joint account, joint account can be converted into single account and single account can be converted into joint account.
Deposit amount:
In the monthly income scheme, we can open an account by depositing minimum of Rs 1000, and if we talk about maximum deposit, then a limit of Rs 9 lakh is set for single account and Rs 15 lakh for a joint account.
If you look at the information present on the post office website, then the amount of investment in this scheme gets interest at the rate of 7.4%, tell you that the interest rate keeps changing on every quarter basis.
The lock-in period for the post office’s monthly income scheme is 5 years old, after 5 years you will get your entire money back,
But if you want, you can withdraw money before 5 years, in which you will have to pay some deduction charge, if you withdraw money between one year to three years, then 2% deduction charge will be charged, if you want to close the account after 3 years If it is, then 1% of the deposit amount will have to be paid.
How to get Rs 9250 every month:
Under this post office scheme, if you invest Rs 15 lakh in a joint account account, then you will get a monthly income of Rs 9,250 every month, and if you invest Rs 9 lakh in a single account account, then interest As a regular income of about Rs 5,550 will continue to be received every month.
MIS account, you can open your nearest post office branch, if you change your publication after opening the account, then you can also transfer this account to another branch, if there is any question related to the scheme then the comment must be made Do
