Fri, Dec 13, 2024
Post Office MIS provides monthly withdrawal on one-time investment. A person can open an individual or a joint account with a minimum deposit of Rs 1,000. It provides 7.4 per cent interest to its account holders. The interest rate remains the same for everyone, including senior citizens.
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Wed, Feb 01, 2023
Budget 2023: Massive hike in Senior Citizen Savings Scheme, Post Office Monthly Income Scheme (MIS) - In her Budget Speech, the Finance minister also announced a new small savings scheme for women, 'Azadi Ka Amrit Mahotsav Mahila Samman Bachat Patra' at fixed interest rate of 7.5 per cent.
Wed, Oct 12, 2022
Post office schemes, PPF interest rate, calculator: For risk-averse individuals, we offer you a guide as there are many tax saving tools that promise assured returns while your parked investment remains safe till maturity.
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.
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