Post Office MIS Yojana Update 2023: If you want money every month by investing in something like pension for a long period! So this news is of great use to you! Because (Post Office) has started Post Office MIS (MIS) for investors getting long term benefits on one time investment! This scheme is known as Post Office Monthly Income Scheme!
Post Office MIS Yojana Update 2023
Money is deposited only once in the Post Office Monthly Income Scheme! After that, every month Rs 5000 is deposited in the account of the concerned person (POMIS Account) as pension after the age limit. If your child is 10 years old then this MIS scheme can be very useful for him.
Post Office Monthly Income Scheme is a safe and secure monthly income scheme! And this is the best investment plan for retired employees and senior citizens! And this is a 5 year plan! In Monthly Plan (MIS Scheme), you have to deposit money every month according to the plan!
Investors can open joint account : Post Office MIS Yojana Update 2023
Let us tell you that this is a Post Office Scheme, in which the facility of opening a joint account is also available for investors! But if you do not want to open a joint account, then you can open a single account. Administered by the Post Office, the duration of this scheme is 5 years. You can open your (POMIS Account) account in any post office across the country under the Post Office Monthly Income Scheme managed by the post office!
6.6 percent interest under this Post Office Monthly Income Scheme! Under this scheme, if your child’s age is 10 years or more, then you should open an account in the name of your child. (POMIS Account) What can be opened! The best part is that its maturity limit is also five years! So the risk is zero!
this way you will benefit
Post Office Monthly Income Scheme (Post Office Monthly Income Scheme) if you deposit 9 lakh rupees at a time! So you will get an annual interest of Rs 59,400 at 6.6% interest rate, which is Rs 4950 per month! Also, by depositing Rs 2 lakh in this (MIS Scheme) scheme, you will get Rs 1100 at 6.6% annual interest rate! The total interest in 5 years will be 66 thousand rupees, and in the end you will get back 2 lakh rupees! Then this POMIS plan is perfect for you!
Account will be opened in just Rs 1000: Post Office MIS Yojana Update 2023
Under the Post Office Monthly Income Scheme, an account can be opened for just Rs 1000! Any person of 18 years can open an account. MIS Scheme (MIS Scheme) both single and joint accounts are available! A person can open an account with maximum 3 account holders at the same time.
What is the maximum amount you can invest
Maximum Rs 4.5 lakh through a single account in the Post Office Monthly Income Scheme! And a maximum investment of Rs 9 lakh can be made through a joint account! The maturity of the MIS Scheme is five years, it can be closed prematurely! However, you can withdraw money only after one year from the date of deposit. As per rules, if the money is withdrawn within one year to three years, then 2% of the deposit will be returned!
what are the terms of the scheme
POMIS Account (POMIS Account) This is the initial stage! Nor can you withdraw your deposit before 1 year! Also, if you withdraw before its maturity i.e. between 3 to 5 years! 1% of the principal amount will be deducted and returned! Whereas if you withdraw money on maturity! So you get all the benefits of Post Office Monthly Income Scheme!