Post Office MIS: Get Rs 5500 Monthly Income with One-Time Investment

• The Post Office Monthly Income Scheme (MIS) offers a fixed monthly income through a one-time investment.
• The scheme provides an annual interest rate of 7.4 percent, with monthly interest directly credited to your bank account.
• You can open an MIS account with a minimum of Rs 1,000; maximum investment is Rs 9 lakh for a single account and Rs 15 lakh for a joint account.
• A Rs 9 lakh investment in a single account yields Rs 5,550 per month for 5 years.
• The MIS scheme matures in 5 years, after which the principal amount is returned to your bank account, ensuring both income and capital security.

Why It Matters: Invest once in Post Office MIS to secure a regular monthly income and ensure capital safety.