Invest in this scheme of Post Office, get a fixed interest of ₹ 5550 every month

Post Office Plans: Post office services in India have been in existence for 251 years. The first post office in the country was established on 31 March 1774 in Kolkata. Today the post office is providing postal services as well as many banking services. Not only this, there are some post office schemes where more interest is being paid than banks. Today we will tell you about one such scheme of post office, in which you can earn money every month on investment. If you invest in this scheme, you get a fixed interest of Rs 5550 every month. Let’s find out.

The MIS scheme is paying 7.4 percent annual interest.
The MIS (Monthly Income Scheme) of the post office is a scheme in which you have to invest only once, that is, every month the lump sum and interest money keeps coming in your account. You can deposit at least 1000 rupees in this post office scheme. You can open an account with 1000. Maximum amount in MIS scheme Rs. Can be deposited up to 9 lakhs. Under this scheme, a maximum of Rs 15 lakh can be deposited in the joint account. A maximum of 3 people can be added to the joint account. Currently, the post office’s MIS scheme offers an annual interest rate of 7.4 percent, which is paid on a monthly basis.

The post office monthly income scheme comes with a lock-in period of 5 years and a fixed interest of Rs 5550 will be deposited in the account every month. However, under some adverse conditions, you can close the account and withdraw all the money. You should also have a post office savings account to open an account under the MIS scheme. If you deposit Rs 9 lakh in this scheme, then you will get a fixed and guaranteed interest of Rs 5550 per month for 5 years. After the completion of 5 years, the entire Rs 9 lakh deposited by you will be returned to your account. Along with this, you will also get an interest of Rs 3,33,000 at Rs 5550 in 5 years.