Post office: In India, Swiss Post not only offers postal services, but also many banking services. Some post office programs also offer higher interest rates than banks. Here we tell you about such a program in which you can earn a lot of money every month with investments. Let us find out about this scheme.
7.4% annual interest is offered to MIS scheme.
The monthly income scheme of the Post office is a program that interests have been received every month when you invest. In this scheme you can open an account with at least 1000 RS. A maximum of RS 9 LAKH can be stored in the MIS system, and in a common account this border can be up to 15 LAKH. This system currently receives an annual interest of 7.4%, which comes to its account every month.
You will receive a permanent interest of 5550 RS every month.
If you insert RS 9 LAKH in this program, you will receive fixed and guaranteed interest of 5550 RS every month. You will continue to win this interest for 5 years. After 5 years, the entire RS 9 Lakh, which is stored by you, returns to your account and apart from that, you will also receive an overall interest of 3.33,000 rupees in 5 years.
Accounting process
To open an account as part of this program, you must also have a Post savings account. Remember that this system is equipped with a blocking time of 5 years. However, you can withdraw your money by closing the account under certain circumstances.
