Post Office Monthly Income Scheme: Considering different income groups, Post Office is running many wonderful schemes. These schemes of post office are quite wonderful. Investing in these provides many great benefits. This is a big reason why many people invest in these post office schemes.
If you want to invest in a scheme from where you get regular income. In such a situation, today we are going to tell you about a very wonderful scheme of the post office. The name of this scheme of post office is Monthly Income Scheme. You can get regular income by investing in this post office scheme. By investing in this post office scheme, you get a lock-in period of 5 years. In this episode, let us know about this scheme in detail –
In this scheme you can invest a minimum of Rs 1,000 in a single account. Whereas the limit of maximum investment amount has been fixed at Rs 9 lakh.
Apart from this, if you open a joint account. In such a situation, you can invest up to Rs 15 lakh in this scheme. In this scheme, a maximum of three people can invest in a joint account. At present, by investing in this scheme you are getting an interest rate of 7.4 percent.
If you want to get an income of more than Rs 9 thousand every month under this scheme. In such a situation, you will have to open a joint account and invest Rs 15 lakh in the monthly income scheme of the post office.
Based on the current interest rate of 7.4, you will earn Rs 1.11 lakh every year. In this case, you will get Rs 9,250 every month. In the Post Office Monthly Income Scheme, you get a lock-in period of five years.
