September 25, 2022

Invest only once in this post office scheme, you will get money every month

Post Office MIS Scheme: Post Office Monthly Income Scheme is a type of pension scheme. You have to invest a lump sum in it. After that, you are paid a fixed amount every month.

Post Office MIS Scheme: If you want to withdraw money by investing once every month then you should invest in this post office scheme. Investing in post office schemes is considered safest. Because of this, a large number of people have invested heavily in post office schemes. The post office runs savings schemes for every citizen of the country and many of them are quite popular too. If you are planning to retire, you can invest in Post Office Monthly Income Scheme. This is a small savings project. By investing in it, you can get a fixed payout every month. Let us tell you that Post Office Monthly Income Scheme is a type of Pension Scheme. You have to invest a lump sum in it. After that, you can arrange a fixed amount for yourself every month.

Post Office Monthly Income Scheme for five years. However, you can extend it for another five years if you wish. Once the scheme is completed, you will get your invested money back. The monthly income scheme is currently earning 6.6 percent interest per annum. The scheme matures in five years. After that you will start getting money every month. The maximum investment that can be made in this scheme is Rs 4.5 lakh. You can also open a joint account under this scheme. Then you can invest up to 9 lakh rupees in this scheme. You can open your account under this scheme for Rs.1000. Then you can invest up to 9 lakh rupees in this scheme. You can open your account under this scheme for Rs.1000.

Income five thousand rupees per month

If you invest Rs 4.5 lakh under this scheme, you will get Rs 29,700 in five years at an interest rate of 6.6 per cent per annum. You can take this amount every month if you want. In such situation you will earn Rs.2475 per month. If you invest Rs 9 lakh in a joint account, the interest amount in five years will be Rs 59,400. If you take this amount every month, you will earn Rs.4950 per month.

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If you invest in this scheme, you cannot withdraw before one year. Also, if you withdraw the investment amount before the maturity of the scheme, you will get it back after deducting one percent of the principal amount. You can invest in any post office under monthly income scheme. It is not necessary to have a post office savings account for this. Any person aged 18 years and above can avail this scheme.

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