Wed, Mar 27, 2024
Monthly Income Scheme (MIS) at Post Office: Did you know that you can earn monthly interest ranging from Rs 6 to Rs 9,250 for five years against a one-time deposit to the tune of Rs 1,000-15,00,000 in a special, guaranteed income small savings scheme at the post office? Formally known as the National Savings Monthly Income Account (MIS), this savings plan enables depositors to park their funds to earn interest every month for the entire maturity period of five years. And what is the interest rate of the MIS plan? Currently, the scheme delivers a return of 7.4 per cent (paid monthly). Read on to learn all about this investment plan with examples.
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Fri, Jan 27, 2023
SBI Monthly Income Scheme 2023: Most of the people are aware of the post office monthly income scheme which recently revised the interest rates for the scheme from January 2023. The investors are now getting 7.1 per cent per annum payable monthly.
Wed, Jul 20, 2022
National Savings Monthly Income Scheme or MIS is a deposit scheme is a savings plan offering interest rate of 6.6 per cent, annually. The current rate is being offered on MIS accounts at the Indian post offices
Thu, Jun 02, 2022
Post Office Monthly Income Scheme (Post Office MIS) is a government small savings scheme, which gives investors an opportunity to earn a fixed amount every month. Market volatility has no effect on this investment. Being a post office scheme, your money remains safe. This is a 5 years scheme, which can be extended further for 5-5 years.
Fri, Apr 01, 2022
Not everyone can invest their money in the stock market as everyone has a different risk capacity. If you are looking for investment options that are low-risk, you can opt for these 5 government schemes. Here are the 5 government schemes that you can invest in if your risk capacity is low.
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