The new year 2025 has already started with some great bank schemes. From post offices to non-government banks, all organizations are offering some excellent FD and RD updates. Today, we are going to tell you about a fantastic investment scheme from the post office, where you can receive a pension of Rs 9,250 every month by investing with your wife on the special occasion of the new year. The name of this scheme is the Monthly Income Scheme.

If you want to get regular income by investing your savings in a reliable place, this is a great option. The Monthly Income Scheme of the post office is very safe in terms of investment. By investing in it, you will not have to face any market risks. This scheme offers security along with great returns. Let’s learn more about it in detail.

By investing in the Post Office Monthly Income Scheme, you are currently getting an interest rate of 7.4%. In this scheme, the minimum investment is Rs 1,000. There are two options to open an account in this scheme:

Investment Options in the Monthly Income Scheme

  • Single Account: In this option, you can invest up to a maximum of Rs 9 lakh.
  • Joint Account: In this option, the maximum investment limit is Rs 15 lakh.
Post Office Monthly Income Scheme
Post Office Monthly Income Scheme

Returns on Investment in the Monthly Income Scheme

  1. If you invest Rs 9 lakh by opening a single account, you will receive a monthly pension of Rs 5,550.
  2. If you invest Rs 15 lakh by opening a joint account with your wife, you will receive Rs 9,250 per month. This means an annual interest of Rs 1,11,000.

Lock-in Period

The Post Office Monthly Income Scheme comes with a lock-in period of 5 years, ensuring your investment remains secure for this duration.