Post Office Monthly Income Scheme: Earn Rs 9,000 Monthly Safely

2025-09-01 05:00:50

(MENAFN- AsiaNet News)

Everyone desires a monthly income after retirement. Various investment plans are available for this purpose. Let's explore one such excellent investment scheme.

While banks are reducing interest rates, post office schemes offer stable returns. Even with RBI's repo rate cuts affecting bank savings accounts, post office schemes remain unchanged, attracting investors.Post office's Monthly Income Scheme offers a steady monthly income. A lump-sum investment earns interest credited monthly to your savings account. The scheme matures in 5 years, returning the principal.

Invest up to Rs 9 lakhs individually or Rs 15 lakhs jointly. Higher investments yield better monthly returns.

The MIS interest rate is 7.4% annually. A Rs 15 lakh joint investment yields around Rs 9,250 monthly, exceeding bank returns.

Backed by the Indian government, this scheme ensures secure investments with fixed monthly returns. Ideal for retirees, homemakers, and those seeking a stable income.

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