The interest rate on Post Office MIS is now 6.6 percent each year.
When it comes to investing money, just two things come to mind: security and decent returns. The Post Office offers a variety of savings schemes that provide both of these. Today, we'll tell you about a super-successful scheme that will pay off handsomely. You must deposit money once under the Post Office MIS Scheme Benefits, and then you will receive interest money in the form of a pension every month. In addition, when the scheme matures, one-time money is returned.
The interest rate on Post Office MIS is now 6.6 percent each year, payable monthly. A single account's maximum investment limit is Rs 4.5 lakh, while a joint account's maximum investment limit is Rs 9 lakh. The programme has a five-year duration.
A single adult
- Joint Account up to three adults can be opened
A guardian on behalf of minor/ person of unsound mind
- A minor above 10 years in his own name.
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