Post Office Monthly Income Scheme: Today we will tell you about such a scheme of post office , in which you will earn every month.
Post Office Scheme: Many special schemes are run by the Post Office for the customers. Even today post office is the first choice for investors. Along with guaranteed returns, there is also the facility of great interest. Along with this, there is also a government guarantee of money. Today we will tell you about such a scheme of the post office , in which you will earn every month.
Earning every month
On behalf of the post office, customers get the benefit of Monthly Savings Scheme ( Post Office Monthly Income Scheme) . 29700 can be earned through this scheme .
Have to invest only once
You have to deposit a lump sum amount in this scheme i.e. you have to invest only once in MIS account. After which you can earn every month. Let us tell you that there is no effect of market fluctuations on any scheme of the post office.
How can I invest money-
- You have to invest money in multiples of 1000 .
- You can invest a maximum of 4.5 lakhs through a single account.
- If you open a joint account, then you can invest a maximum of 9 lakhs.
- Its maturity is of 5 years.
- Post office MIS is currently getting 6.6 % annual interest.
- Money will be deducted in pre maturity
The maturity of this scheme is 5 years and you cannot withdraw money for one year after making the deposit. In this, if you withdraw money between one to 3 years, then you will get money after deducting 2 percent from the deposit amount. At the same time , if you withdraw money after 3 years before maturity, then 1 % amount will be deducted from it. Apart from this, after the completion of 5 years, it can be extended for 5 years.
How to earn 29700
Let us tell you that if you deposit 4.5 lakhs in lump sum in this, then after maturity you will have an annual income of Rs 29,700 for the next 5 years . That is, you will get Rs 2475 every month .
These documents will be needed
To take advantage of this scheme, you will have to provide Aadhaar card , passport , voter card or driving license as ID proof. Along with this, you will also have to provide 2 passport size photographs. Apart from this, ID card or utility bill issued by the government will be valid for address proof.
