Post Office Scheme for Couple: Post Office offers many types of schemes for investment. You get guaranteed returns from this scheme. Today we will talk about such a scheme in which couples can invest and earn regular income. In this scheme, there is an option to invest together by opening a joint account. Let’s see its complete calculation.
Post office Scheme is considered a safe platform for investment. There is no risk of money sinking in it. If you are a couple and are looking for a great option for investment, then this article can be useful for you.
We are talking about the Post Office Monthly Income Scheme. In this scheme, couples can open a joint account and invest together. This scheme gives you the benefit of regular income. By investing in this, a huge fund can be created for the future.
Whereas under the monthly scheme of the post office, regular income can be earned by making a one-time investment.
How much return do you get?
Investors get a return of 7.4 percent in the Post Office Monthly Scheme. This scheme can be started by investing Rs 1000. If you open a single account, you can invest up to a maximum of Rs 9 lakh.
Whereas on opening a joint account, this limit becomes Rs 15 lakh.
Under this scheme, you get interest money every month. In this way, you can earn a regular income.
Calculations
- Investment amount- Rs 15 lakh
- Return- 7%
- Investment period- 5 years
If an investor invests Rs 15 lakh in this scheme for 5 years, then at the rate of 7.4 percent, he gets an income of Rs 9250 every month. Keep in mind that you cannot invest more than Rs 15 lakh.
If you want to earn higher returns, you can also opt for mutual fund SIP. In this, you get an estimated return of 12 to 14 percent. There is benefit in this only if you invest for a long time.
On the other hand, if you want to reduce risk, then hybrid funds and debt funds will also be better options.
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