5 thousand will be earned from interest every month, know what is the government scheme, invest like this

Post Office Saving Schemes: If you are making a plan about investment, and you want that you keep getting some money every month as an expense. So you have a great option to invest in Post Office Saving Schemes. There is no fear of losing your money in this. Today people have increased their trust in investing in Post Office more than in share market and property. People are investing money in these schemes to a great extent.

What is this saving scheme

Investing in post office savings schemes is becoming the first choice of people. The interest available here is higher than other banks. Many schemes are available today that give better returns on investment in the post office, in which better interest and returns are also available on investing money, as well as security of money. We are going to give you information about the Post Office Monthly Income Scheme. After investing in this, you will get an opportunity to earn every month. The special thing is that in this scheme you can avail a fixed amount every month.

invest so much

You have to invest up to Rs 4.5 lakh in a single account under this scheme. On the other hand, if you want to open a joint account, then you can invest up to Rs 9 lakh in the name of husband and wife. With this, you can take advantage of a good amount in the form of monthly income by investing 9 lakh rupees.

will get this much interest

Under this scheme, you will get an annual interest of up to 6.6 percent. Suppose if you invest Rs 9 lakh in this scheme, then you will get Rs 59,400 as interest every year. Accordingly, you will get the benefit of an installment of Rs.4,950 per month. On investing Rs 4.5 lakh in a single account, you get an interest of Rs 2,475 every month.

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this is the age limit

Under this scheme of post office, MIS account can be opened for any person above 10 years of age. To take advantage of this scheme, the applicant’s Aadhaar card and passport size photo are required. Taking these two documents, one has to go to the post office and submit the check by filling the form. Due to which your MIS account will open.

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