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This article of Indian Post Office Monthly Income Scheme – MIS Gives information about, especially for couples who want to earn a regular income by opening a joint account. Under this scheme, spouses can invest a certain amount together and the post office will give them a fixed interest every month.
Main things of the plan:
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joint account: Any one of the spouses can open a joint account, which will have both names.
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Fixed monthly income: Investing in this account, you get a fixed interest every month. According to the article, if you almost ₹ 15 lakhs Invest (currently consider the current interest rate of about 7.4% per year), then you almost ₹ 9000 per month You can get interest of.
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Security: Post office schemes are supported by the government, so it is considered very safe. Your basic investment is completely safe.
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Duration: The original period of this scheme is 5 years, which can also be extended for 5-5 years later.
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Benefit: This is a very good plan for senior citizens or those who want a regular and secure income on their savings.
This scheme is an excellent financial option for couples who are looking for stable monthly income at low risk.
North India Statesman