If you want to invest your savings money in a good scheme. In such a situation, this news is especially for you. Today we are going to tell you about a very wonderful scheme of the post office. The name of this scheme is the Monthly Income Scheme. By investing in this scheme you can avail pension every month. You get many great benefits by investing in the Post Office Monthly Income Scheme. By investing in this, you are also getting an attractive interest rate of 7.4 percent. In this monthly savings scheme of the post office, you can invest a minimum of Rs 1 thousand and a maximum of Rs 9 lakh. If you want to earn a fixed amount of income every month. In such a situation, you can invest in this scheme. Let us know about it in detail -
If you open a joint account under this scheme of post office. In such a situation, you can also invest up to Rs 15 lakh in it. In this scheme, a maximum 3 people can invest in a joint account.
If you open a joint account in the Post Office Monthly Income Scheme and invest a lump sum of Rs 15 lakh. In such a situation, you will earn more than Rs 9 thousand every month from this scheme.
If calculated at an interest rate of 7.4 percent, you will get Rs 1.11 lakh every year on an investment of Rs 15 lakh. In such a situation, your income will be around Rs 9,250 every month.
A lock-in period of five years is also available in the monthly savings scheme of the post office. You can easily open your account under this scheme by visiting your nearest post office.
(PC: iStock)
