Diabytes
Post Office MIS News
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The Post Office Monthly Income Scheme also assures fixed returns to investors at the initial rate of investment.
By submitting the necessary documents, an account under this scheme can be opened at the nearest post office.
Interested investors who want to open an MIS account should keep in mind that the minimum amount required to open the account is Rs 1,000.
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Investors can open an account in Post Office Monthly Income Scheme with a minimal investment.
An investor can open an account in MIS policy by investing a minimum of Rs 1,000.
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Investors can put their money in multiples of 1000 or 100 in Monthly Income Scheme Account.
The minimum investment one can invest in this scheme is Rs 4.5 lakh.
Investors can earn Rs 3300 as a yearly pension by investing just Rs 50 thousand once.
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In the present scenario, where interest rates are following a downward slope, investors dependent on income from traditional financial instruments such as fixed deposits (FDs) don't have much to cheer about.
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In the present scenario, where interest rates are following a downward slope, investors dependent on income from traditional financial instruments such as fixed deposits (FDs) don't have much to cheer about.
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