Post Office Joint Account: By opening a post office joint account, one can earn Rs 4,950 every month. Here complete information is given about it.
Post Office Joint Account: There are some small savings schemes in the post office, where a joint account can also be opened. Monthly Income Scheme (POMIS) of Post Office is also in these, where joint account gives tremendous benefits. In this special scheme of many types from the post office, investors’ money is fully guaranteed, that is, there is no risk in your money.
Know- what is this scheme?
A special scheme is run by the post office, through which both husband and wife together can earn Rs 59,400 annually. The name of this scheme is Post Office Monthly Savings Scheme (Post Office MIS), through which you earn a fixed income every month. If you talk about monthly earnings, then you can earn Rs 4950 every month in this. You can also open a joint account in it.
Come, let us tell you how you will get double benefit in this scheme…
you will earn this much annually
In this plan, your benefit is doubled through a joint account. Today we are giving you complete information about this special scheme, how husband and wife can earn up to Rs 59,400 annually through this scheme by joining it.
What is MIS Scheme?
The account opened in MIS scheme can be opened both singly and jointly. You can invest a minimum of Rs 1,000 and a maximum of Rs 4.5 lakh in this scheme while opening a personal account. However, up to a maximum of Rs 9 lakh can be deposited in a joint account. This scheme is very beneficial for retired employees and senior citizens.
What benefits do you get?
The good thing about MIS is that two or three people can jointly open a joint account. The income received in lieu of this account is given equally to each member. You can convert a joint account to a single account at any time. A single account can also be converted into a joint account. All account members will have to submit a joint application for making any changes in the account.
How does the plan work?
Let us tell you that in this scheme you are currently getting an annual interest at the rate of 6.6 percent. Under this scheme, the returns are calculated on the basis of annual interest on your total deposits. In this, your total return is made on an annual basis. Therefore it is divided into 12 parts according to every month. You can add this portion to your account every month. If you don’t need it on monthly basis, then adding this amount to the principal amount gives you interest on it.
