Post Office Scheme: In the special Monthly Income Scheme of the Post Office (Post Office MIS), you can earn profits for life by putting money just once. The maturity period of MIS account is also only 5 years. That is, after five years you will start getting guaranteed monthly income.
Post Office MIS Scheme: Nowadays the market environment is going unstable. In such a situation, you have to think many times before investing. If you also want profits and savings without risk, then this news is especially for you. Profits are high in the stock market, but there is also a lot of risk. In such a situation, you should choose an investment option in which your money is safe and you get guaranteed returns.
Post office scheme will give good returns
Post Office Monthly Income Scheme (Post Office MIS) is one such superhit small savings scheme, in which you have to deposit money only once. The maturity period of MIS account is also only 5 years. That is, after five years you will start getting guaranteed monthly income. Let us know about this scheme.
Maximum investment of up to 9 lakhs in a joint account
In the Post Office (POMIS) scheme, both single and joint accounts can be opened. The account can be opened with a minimum investment of Rs 1,000 in this. You can invest a maximum of Rs 4.5 lakh in a single account. At the same time, the investment limit in the joint account is Rs 9 lakh. Let us know its benefits.
Many benefits are available in MIS
- In the post office MIS scheme, two or three people together can open a joint account.
- The income received in exchange for this account is given equally to every member.
- You can convert a joint account to a single account at any time.
- Single account can also be converted into joint account.
- For making any changes in the account, joint application of all the account members has to be given.
- On maturity i.e. completion of five years, it can be extended for a further 5-5 years.
- Nomination facility is available in MIS account. This scheme money is completely safe. There is a sovereign guarantee of the government on this.
