Post Office MIS Scheme: Post Office has come up with a great small scheme for you. You can earn a good amount by investing in it. In this scheme, if both husband and wife open a joint account together, then they will get double benefit. This is a monthly income scheme. Under this, 9250 will come separately on the joint account of husband and wife every month. Let us know in detail about this attractive scheme.
Have to invest so much
You can invest up to Rs 9 lakh under a single account in Post Office Monthly Income Scheme. At the same time, in a joint account i.e. wife and husband together can invest Rs 15 lakh. At present, investors are getting 7.4 percent annual interest on this scheme. If you wish, you can withdraw the total principal amount after the maturity period. Or you can also extend it for 5-5 years. At the same time, your monthly income from interest on the account will also be Rs 9250.
Joint account of husband and wife will be beneficial
The investor gets guaranteed monthly income on the Post Office’s MIS Scheme. Suppose, both of you have opened a joint account in this scheme and have deposited Rs 15 lakh in it. Now you get an annual interest of Rs 1,11,000 on this investment at the rate of 7.4 percent. Now if you distribute it over 12 months, you will get Rs 9250 as interest every month. In this scheme, you can open an account with three people. The interest received in the account will be given equally to each member.
