Post Office Monthly Income Scheme: If you also want to earn a certain amount of income every month, then the Post Office Monthly Income Scheme (POMIS) is the best for you.
-In this scheme you can earn 5 thousand rupees every month.
-In the Post Office Scheme, your money is 100 percent safe. In such a situation, you can earn well by making small investments without risk.
new Delhi.
Post Office Monthly Income Scheme: If you also want to earn a certain amount of income every month, then the Post Office Monthly Income Scheme (POMIS) is the best for you. In this scheme you can earn 5 thousand rupees every month. In post office scheme, your money is 100 percent safe. In such a situation, you can earn well by making small investments without risk. Let us know that the Post Office Monthly Income Scheme (POMIS) is a small savings scheme. Let us know what are the benefits of this post office scheme.
Advantages of investing in POMIS? (Benefits of POMIS)
– This scheme provides monthly returns, which is completely safe.
– It is a good scheme for senior citizens, in which a guaranteed monthly income as well as interest is received.
– Two or three persons can open a joint account. In which all account holders will have equal share. Single accounts can also be converted into joint accounts.
The post office monthly income scheme is getting 6.6% interest annually. However, the government changes the interest rates every three months. In this scheme, if a person opens a joint account and deposits Rs 9 lakh, then he will get Rs 59400, or Rs 4950 as interest every month during the year.
What is the eligibility criteria for POMIS?
The person must be over 10 years of age to avail the scheme. The minimum deposit limit is Rs 1,500 and the maximum amount is Rs 4.5 lakh. For joint account holders, the limit is Rs 9 lakh. The special thing is that with some deductions the first money can be withdrawn prematurely after one year. There is a 2 percent reduction on withdrawals after one year and before three years. Withdrawal of the deposit after three years deducts 1% from the deposit in the account.
In this way you can open an account (How to Apply for POMIS) to
open a post office monthly income account, you can contact your nearest post office.
