Post Office Saving Schemes : if you Diwali If you are going to invest on the occasion of (Diwali-2022), then we are going to tell you about a better plan. The Post Office has come up with a great plan for saving. On behalf of the post office, both husband and wife together can earn Rs 59,400 annually. The name of this scheme is Post Office Monthly Savings Scheme, from this you can earn fixed income every month. You will continue to get Rs 4950 every month.
can open joint account
Let us tell you that in this Post Office Monthly Savings Scheme, wife and husband can earn together every month. You can also open a joint account in it. How will you get double benefit in this scheme?
annual income will be
In this scheme, through a joint account, your profit gets doubled in it. Today we are going to give you information about this special scheme. Both husband and wife can earn Rs 59,400 annually from this scheme.
What is Post Office MIS Scheme
The account opened in the Post Office MIS scheme can be opened both in single and joint ways. You can invest a minimum of Rs 1,000 and a maximum of Rs 4.5 lakh in this scheme while opening a personal account. The maximum amount that can be deposited in a joint account is Rs 9 lakh.
You will get these benefits
Let us tell you that two or three people can also open a joint account in MIS. The income received in return of this account is given equally to every member. You can convert a joint account to a single account at any time. You can also convert a single account into a joint account. To make any changes in the account, a joint application has to be given by all the account members.
This is how the plan works
Let us tell you that in this scheme you are getting annual interest at the rate of 6.6 percent at present. Under the scheme, returns are calculated on the basis of annual interest on your total deposits. In this, your total return is made on an annual basis. According to every month, it is divided into 12 parts. You can add this part to your account every month. If you do not need it on a monthly basis, then you can also add this amount to the principal and take interest.
invest like this
Under this scheme, if a husband and wife have invested Rs 9 lakh in a joint account. So on a deposit of 9 lakhs, the annual return at 6.6 percent interest rate will be Rs 59,400. If you look at it on a monthly basis, then there will be a monthly profit of Rs 4950. You can ask for Rs 4950 in your account every month.