The Post Office MIS scheme offers an annual interest rate of 7.4%. An account can be opened with a minimum investment of Rs 1,000.
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Post Office Saving Schemes: There has been no change in the interest rates on Post Office schemes for the fourth and final quarter of the financial year 2025-26, which began on January 1, 2025. Investors will continue to receive bumper interest rates on Post Office schemes as before. The Post Office offers a variety of savings schemes for citizens. Today, we will learn about one of the Post Office’s popular schemes, MIS (Monthly Income Scheme). Investors investing in this scheme are paid interest every month. Here, we will explain how investing in this scheme can earn an interest of ₹5,550 per month.
SIS Scheme Offers 7.4% Annual Interest
The Post Office’s MIS scheme offers an annual interest rate of 7.4%. An account can be opened with a minimum investment of ₹1,000. Under the MIS scheme, a maximum of ₹9 lakh can be deposited in a single account. However, a maximum of ₹15 lakh can be deposited in a joint account. A maximum of three people can be included in a joint MIS account. It’s worth noting that this scheme requires a one-time investment, meaning you make a lump sum deposit. After this, interest begins accruing in your account every month for five years.
The Post Office Monthly Income Scheme matures in 5 years.
The Post Office Monthly Income Scheme matures in 5 years. Upon maturity, you receive your entire investment back. If you deposit the maximum investment amount of ₹9 lakh in this Post Office scheme, you will receive a fixed interest of ₹5,550 per month for 5 years. This interest is credited directly to your savings account. To start investing in the Post Office MIS scheme, you must have a savings account with the Post Office. If you don’t have a savings account with the Post Office, you must first open one before opening an account under the Monthly Income Scheme, as interest payments are transferred to the Post Office savings account.
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