Post Office offering better interest from bank, will get 4950 rupees every month on 9 lakh investment

If you are planning to invest, then we can tell you where to invest, you will get good returns. Through investing in the monthly income scheme of the post office, you can earn about 5 thousand rupees every month.

Delhi: Monthly Income Scheme of Post Office : Post Office Monthly Income Scheme gives very good returns. If an investor opened a joint account in this scheme and deposited 9 lakh rupees together in it, then you can earn 4950 rupees every month. The annual interest on principal is Rs. 59,400 at the rate of 6.6 percent. In this context, the monthly amount of your interest becomes Rs 4,950, which you can take every month. The amount you will get every month will be only the amount of interest and your principal will remain the same. Which you can remove when there is Maturity.

Who can open an account

Any person who is above 18 years

can have only 3 names simultaneously on one account

The name of a child above 10 years can also be opened

for a child under 10 years. Can open on

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You can increase the amount even further

In this scheme of post office , you will get monthly interest of Rs 4,950 according to the maturity of 5 years. By the way, if you want, you can increase your maturity even further. Under this scheme, you can open an account with just 1000 rupees. If you open a single account, you can deposit a maximum of 4.5 lakh rupees, while if you want to open a joint account, then you can deposit up to a maximum of 9 lakh rupees.

Complete information about opening an account at home

1- Download the IPBP Mobile Banking app in your mobile phone

2-Open the IPBP Mobile Banking app and click on ‘Open Account’

3- You have to enter your pen card number and Aadhaar card number

4- OTP on registered mobile number Enter

5- Give your mother’s name, educational qualification, address and nominee

6- After submitting complete information, click on submit

7- Your account will be opened in the post office in a short time

8- Digital saving account only one year It is valid for

10- Complete biometric certification within one year after which regular savings account will be opened