Are you looking for a low-risk investment scheme that offers a guaranteed monthly income? The Post Office Monthly Income Scheme (MIS) could be the best option for you. Once you invest in this scheme, you will receive a fixed interest amount every month, ensuring a steady income. In this article, we will share all the details about this special Post Office scheme.

What is the Post Office Monthly Income Scheme?

The Post Office Monthly Income Scheme (MIS) is designed for those who want to earn a stable income from their savings. Currently, it offers an interest rate of 7.4% with a fixed investment period of 5 years. You can make a one-time investment in this scheme and receive a guaranteed monthly income. The minimum investment amount is only INR 1,000. You can invest up to INR 9 lakh in a single account and INR 15 lakh in a joint account.

How to Earn INR 5,500 Per Month?

If you invest INR 9 lakh in this scheme, you can earn up to INR 5,550 per month at an interest rate of 7.4%.

For example:

Investment: INR 9,00,000
Annual Interest: INR 66,600 (at 7.4%)
Monthly Income: INR 5,550

Key Benefits of the Post Office MIS Scheme

  1. Low Risk: No impact of market fluctuations.
  2. Flexible Withdrawal: Under certain conditions, you can withdraw your investment after one year.
  3. Higher Interest in Joint Accounts: Joint investment with a spouse or family member allows for a higher limit.
  4. Minor Accounts: Guardians can open accounts for minors with different investment limits.

Is This Scheme Profitable?

If you are looking for a safe, risk-free investment with a guaranteed monthly income, the Post Office Monthly Income Scheme (MIS) is a great option. You will receive interest based on your investment and get the full capital back at the end of the tenure. So, don’t wait! Visit your nearest post office today and apply for this scheme.

How to Apply for the Post Office MIS Scheme?

  • Check Eligibility – Indian citizens aged 18+ can apply. Minors need a guardian.
  • Visit Post Office – Collect and fill out the MIS account opening form.
  • Submit Documents – Provide Aadhaar, PAN, Address Proof, and passport-size photos.
  • Deposit Investment – Min: INR 1,000, Max: INR 9 lakh (single), INR 15 lakh (joint) via cash, cheque, or online transfer.
  • Receive Passbook – Your monthly interest will be credited to your linked savings account.