Categories: BusinessNews

Post Office Monthly Income Scheme: There is an opportunity to earn every month, know how much will be earned on how many deposits in Post Office MIS


Post Office MIS: The post office also runs different schemes for its customers on the lines of the bank. Monthly Income Scheme (Post Office Monthly Income Scheme) is one of these schemes. Through this scheme, you can arrange regular income for yourself. For this, you have to deposit a certain amount in the post office and you keep earning every month in the form of interest. The scheme matures in 5 years, after that you also get back your deposited amount. That is, by investing money once, you can get a fixed profit every month for the next five years. The government has increased the deposit limit of the Post Office Monthly Income Scheme to Rs 9 lakh from April 1. At the same time, you can deposit up to Rs 15 lakh in a joint account. At present, 7.4 percent interest is being received on this scheme. Let us tell you how much you can earn every month on deposits of 2, 3, 4 and 5 lakhs in Post Office MIS.

If you deposit Rs 2 lakh then

Under the Post Office Monthly Income Scheme, if you deposit Rs 2 lakh in Post Office MIS, you will get Rs 73,980 as interest in 5 years. In this case, you will get Rs 1,233 every month for 5 years after depositing Rs 2 lakh.

Rs 1,850 per month for depositing Rs 3 lakh

If we deposit 3 lakh rupees in this post office scheme, then in 5 years we will get a total of 111,000 rupees as interest. According to MIS Calculator, Rs 1,850 can be received as income every month after depositing Rs 3 lakh.

higher the amount higher the interest

If you deposit Rs 4 lakh in your account according to the Post Office Monthly Income Scheme, then at the rate of 7.4 per cent you will get a total of Rs 148,020 as interest. You can get Rs 2,467 as interest every month from the post office. On depositing Rs 5 lakh, at the rate of 7.4 per cent, a total of Rs 184,980 will be received as interest in 5 years. If seen per month, then you will get an interest of Rs 3,083 every month from the post office.

Mayank

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