Post Office Scheme: Open an account with your wife in this scheme of the Post Office, earn 9 thousand rupees every month..

Post Office Schemes: The Reserve Bank of India (RBI) has cut the repo rate by a total of 1.00% this year. This cut was done three times. The Reserve Bank of India first reduced the repo rate by 0.25% in February, 0.25% in April, and directly by 0.50% in June. Due to which all the banks have also cut the interest given on savings accounts. (RBI New Update)

However, the post office (post office scheme) has not yet cut the interest rates of any of its savings accounts. Today we are going to tell you about a scheme of the post office, in which if you invest together with your wife, then you will get a fixed interest of Rs 9000 every month.

Post Office MIS Scheme matures in 5 years-
Post Office Monthly Income Scheme (MIS) is an excellent option for those who want a regular income every month by investing a lump sum. In this scheme, you have to invest money once, and the interest is paid every month directly to your savings account. This is beneficial for those investors who want to get regular monthly income on their deposited capital.

The Post Office MIS scheme matures in 5 years, after which all the money of your investment is sent back to your account. Under this scheme, a maximum of Rs 9 lakh can be deposited in a single account and a maximum of Rs 15 lakh in a joint account.

7.4 percent annual interest is being given on the Monthly Income Scheme-
The Monthly Income Scheme is currently providing an annual interest of 7.4 percent. This is a safe investment option where you get fixed interest every month. Under this scheme, you can deposit up to a maximum of Rs 15 lakh in a joint account, which guarantees you regular income.

If you deposit Rs 14,60,000 in a joint account with your wife under this scheme, you will get a fixed interest of Rs 9003 every month, which will come directly into your post office savings account.

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