Post Office: Invest in this great scheme of Post Office, you will get interest rate of more than Rs 1 lakh annually

If you are planning to invest your savings in a place where you can get regular interest rates on investment. In such a situation, today we are going to tell you about a wonderful scheme for the post office. The name of this scheme is the Post Office Monthly Income Scheme. If you want to get regular income. In such a situation, you can start investing in this scheme. By investing in the Post Office Monthly Income Scheme, you also get many great benefits. By investing in Post Office Monthly Income Scheme, you will not have to face any kind of market risks. In this episode, let us know in detail about the monthly income scheme of the post office -

By investing in the Post Office Monthly Income Scheme, you are getting an interest rate of 7.4 percent. You can invest in this scheme both single and joint.

If you are going to start investing by opening an account in this scheme. In such a situation, you must know about some things. By opening a single account, you can invest a maximum of Rs 9 lakh in the scheme.

Whereas if you open a joint account with your wife. In such a situation, you can invest a maximum of Rs 15 lakh in this scheme. If you open a joint account and invest up to Rs 15 lakh.

In such a situation, if you calculate an interest rate of 7.4 percent, you will get an annual income of around Rs 1.11 lakh. If you want to get regular income. In this situation, you can invest in a monthly income scheme.

(PC: ISTOCK)