Post Office Monthly Income Scheme: You can get interest up to Rs 1 lakh in this scheme of the post office. How can you take advantage of this? Let us tell you how you can invest in this scheme.
Post Office Monthly Income Scheme: Everyone gives a lot of importance to savings while doing a job or doing business. For this, many people invest in different places. Some invest in the stock market. Some invest in mutual funds. So some invest in different schemes. Many people also invest in many schemes of the post office.
One such scheme of the post office is the Post Office Monthly Income Scheme. In which you also get a good interest after investing. After investing in this scheme, you can get interest up to Rs 1 lakh annually. How can you take advantage of this? Let us tell you how you can invest in this scheme.
You will get interest of more than 1 lakh annually
Many people invest in different schemes of post office for savings. If you invest in the Monthly Savings Income Scheme of the post office, you can earn interest of more than 1 lakh rupees annually. In the Post Office Monthly Savings Income Scheme, you get an annual interest of 7.4%. By opening an account in this, you can deposit a maximum of 9 lakh rupees.
If you open a joint account, you can deposit up to Rs 15 lakh in it. If you deposit Rs 15 lakh at an annual interest rate of 7.4%, you can earn interest of up to Rs 1 lakh 11 thousand in a year.
This is how you can open an account
To invest in the Post Office Monthly Income Scheme, you must first open your savings account in the post office. After this, you will have to submit the form for the National Savings Monthly Income Account. Along with this, you will have to deposit the amount to be deposited in the account along with the form through cash or cheque. After this, your Post Office Monthly Income Account will be opened. For information related to this scheme, you can visit this linker. https://www.indiapost.gov.in/Financial/pages/content/post-office-saving-schemes.aspx.
