This huge scheme of the post office! Generate side income of 5000 per month with investment
Post Office MIS MIS is a savings scheme in which you can invest once every month and get the benefit in the form of interest.
If you also want to earn safe and fixed profit then this post office scheme is best. Post Office MIS MIS is a savings scheme in which you can invest once every month and get the benefit in the form of interest. There are many benefits of Post Office Savings Scheme. Let it be known that this account can be opened by people above 10 years of age. If you open this post office monthly income plan in the name of your children then you will not have to worry about their school fees as well. Recently the central government has increased the interest rate on this scheme with monthly income. It has been increased from 6.6 percent to 6.7 percent. In such a situation, the income of the people connected with this scheme will increase.
How much can you earn per month?
The interest rate in this post office scheme has been increased to 6.7 percent. You can deposit a maximum of Rs. 4.5 lakh and in joint account Rs. You can invest up to 9 lakhs and if you have deposited 9 lakh rupees in the scheme then the total interest for one year at the rate of 6.7 percent per annum will be 60,300 rupees i.e. the interest will be around 5025 rupees per month. If you deposit Rs 4,50,000 lakh through one account, the monthly interest will be Rs 2513.
Where and how to open an account
You can open this account in any post office.
Under this minimum 1000 rupees and maximum 4.5 lakh rupees can be deposited.
Currently the interest rate under this scheme is 6.7 percent.
If the child is above 10 years of age, you can open this account in his name
For this one should have a savings account in a post office and 2 passport size photographs, Aadhaar card, address proof, water ID or driving license. Along with these documents you have to go to the post office and fill the POMIS form apart from this you can also download it online. Along with filling the form, the name of the nominee and 1000 rupees have to be deposited initially to open the account.
