If you want to earn income every month then Post Office MIS Scheme is the best, you will get Rs 9250 on investing once

MIS Scheme Investment: Post Office is the largest government bank in the country which is running a great saving scheme for its customers. Today the Post Office Saving Scheme has become the most special and popular among the people. Because all the schemes of the post office are being run by the government, investing in it is considered completely safe. Today we are going to tell you about a special scheme of the post office named Post Office Monthly Income Scheme. Mutual Fund

MIS Scheme Investment
Post Office Monthly Income Scheme is no less than a boon for the people today. In this scheme, you have to invest money only once, after which you get a means of earning every month. In Post Office MIS Scheme (POMIS), you have to invest your money for only 5 years, after which you start getting a regular income every month for the next 5 years.

This Post Office MIS Scheme is very special for those people who want to get separate income every month along with the job. In this scheme, you start getting guaranteed income every month. In this scheme, you have to invest a maximum of Rs 15 lakh, which gives you income every month. Mutual Fund

Who can invest in Post Office MIS Scheme?
If any person is thinking of investing in Post Office Monthly Income Scheme, then let us tell you that any citizen of the country can invest in this scheme. No age has been fixed for investing in this scheme. In Post Office MIS Scheme, you can invest by opening a single account and you can also invest by opening a joint account with husband and wife.

This much interest is available in PMIS scheme

People investing in Post Office Monthly Income Scheme should be told that in this scheme you have to invest only for a period of 5 years, after which you start getting income every month. If you want, you can also extend your time period. Recently, you are being given 7.5 percent interest in this scheme.

You can start investing with a minimum of Rs 1000

If anyone is planning to invest in Post Office Monthly Income Scheme, then let us tell you that in this scheme you can start investing with a minimum of Rs 1000 by opening a single account and can invest a maximum of Rs 9 lakh. By opening a joint account, you can start investing with a minimum of Rs 1000 and can invest up to a maximum of Rs 15 lakh.

If you want to earn income every month, then Post Office MIS Scheme will be the best.
Suppose if any person opens a joint account in Post Office Monthly Income Scheme and invests Rs 15 lakh in lump sum, then he is given an interest of 7.5 percent by the post office. According to which he gets only interest of Rs 555,000 in 5 years. Which he receives every month, so he starts getting an income of Rs 9,250 every month for 5 years.

• Investment = 15 lakh
• Term = 5 years
• Interest rate = 7.5 percent
• Interest in 5 years = Rs 555,000
• Annual interest = Rs 111,000
• Earning every month = Rs 9,250