Post Office New Scheme
Post Office’s new scheme: There are different schemes for saving in the country. Like Sukanya Samriddhi Yojana, Atal Pension Yojana, various schemes of LIC, Kisan Maan-Dhan Yojana etc. It is very important for the citizens of the nation to invest in a safe place to secure their future. Today we will tell you about Post Office Monthly Income Scheme – MIS, a scheme where investing will give you more profit than other options.
New Post Office Scheme
This is a scheme of Indian Postal Department. This scheme protects your savings capital. Apart from this, you also get a good monthly income through it. Post Office Monthly Income Scheme (POMIS) is one of the best investment options. MIS is a small saving scheme, in which you get earnings every month on the investment of your rupees. By investing once in this post office scheme, you get interest every month.
Any citizen of India can avail this scheme and your deposit is always safe. It gives you better returns than Bank FD or Debt Instruments. You get a fixed income every month and after that you get all your capital back at the end of the scheme, which you can reinvest in the scheme to earn monthly income.
Post Office New Scheme – Highlights
Article Name : Post Office Monthly Income Scheme
Language of Article : Gujarati and English
Article Objective: Monthly Income with Savings
Department Name : Indian Post Department
Scheme Name : Post Office Monthly Income Scheme (MIS)
How much interest rate? : 6.6 percent interest monthly
Interest calculation in this scheme
How is it counted? : Monthly
How does this plan work?
India Post offers this scheme (MIS) to citizens to get monthly income, which ensures regular monthly pension to the investors. In this particular scheme one needs to invest a single amount at once. Investing in popular schemes also offers maturity benefits. You can open an individual account or a joint account under this scheme.
An account can be opened in a post office with an amount of Rs 1000 or Rs in multiples of 100. An individual can deposit Rs 4.5 lakh in a single account and Rs 9 lakh in a joint account. Interest is paid after completion of one month from the date of account opening till maturity.
How much amount can be deposited under this post office scheme
You can deposit the amount at once in MIS Scheme of Post Office. Can arrange monthly income for you. If your account is single then you can spend a maximum of Rs. You can deposit up to 4.5 lakhs. At the same time, one can deposit a maximum of Rs 9 lakh in the joint account. In this scheme account can also be opened in the name of children. However, for this, a parent or guardian has to take care of it. Later, when the child reaches the age of 10, he can run the account himself.
Important points about this scheme
Savings account in post office is required to avail this scheme.
Fill the application form to avail this scheme. Or download the Post Office Monthly Income Scheme form from the official website.
You have to provide 2 passport size photographs.
For ID proof one has to provide either Aadhaar Card or Passport or Voter Card or Driving License.
One should also name the nominee.
The minimum required to open this account is Rs 1000, which can be paid by cash or cheque.
You can also get more information from the nearest post office.
How to get money under this scheme?
6.6% interest is being given on investment in this scheme. If you have under a single account Rs. 4.5. If you invest lakhs, now you will get Rs. 29700 will be obtained. On the other hand, if you invest 9 lakhs under a joint account, you will get 59,400 years of interest. That is, a compensation of Rs 4,950 per month would be available.
Post Office Helpline
Name of Department and Ministry : Indian Department of Posts
Address : Postal Directorate
Toll Free Number 1800 266 6868