In this post office scheme, the interest rate has been increased to 6.7 percent. You can invest a maximum of Rs 4.5 lakh in its single account. At the same time, you can invest up to Rs 9 lakh on a joint account.
If you are planning to make the right kind of investment, then the post office scheme can prove to be the best for you. Actually we are talking about the Post Office Monthly Income Scheme, in which you can get benefits in a very short time by investing once.
Recently, the central government has increased the interest rate on this monthly income scheme from 6.6 per cent to 6.7 per cent. In such a situation, a lot of profit can be earned from the scheme.
You can earn income by investing monthly money in this scheme. All the money invested here remains safe. In this scheme, full money is received after 5 years.
The post office has given the facility of opening both joint and single accounts. There are many people who can get pension from this scheme after retirement.
This much income will be there every month
Let us tell you that in this scheme of the post office, the interest rate has been increased to 6.7 percent. You can invest a maximum of Rs 4.5 lakh in its single account. At the same time, you can invest up to Rs 9 lakh on a joint account.
If you have deposited Rs 9 lakh in this scheme, then according to the interest rate of 6.7% in a year, the total interest of 1 year will be Rs 60300. In this way you will get interest of Rs 5025 every month. On the other hand, on depositing Rs 4.5 lakh, interest will be Rs 2513 every month.
Account can be opened in the name of the child
Let us tell you that this account can also be opened in the name of children above 10 years of age. If you open this account in the name of your child, then whatever interest you get every month, you can deposit the school fees of the child.
How to open post office account
Please tell that for this there should be a savings account in the post office. It has 2 passport size photographs, address proof like Aadhaar card, voter card, diving license etc. Carrying these documents POMIS form has to be filled.
You can also download this form online. Along with filling the form, the name of the nominee also has to be given. On opening the account, Rs 1000 cash will have to be deposited through this cheque.
