Post Office Scheme: Invest Once, Get Rs 5,500 Monthly! Secure Income for 5 Years

• The Post Office Monthly Income Scheme (MIS) offers a guaranteed monthly income, ideal for retired senior citizens and housewives.
• Invest a lump sum for 5 years and receive 7.4% annual interest, paid monthly directly into your Post Office account.
• A single account allows a maximum investment of Rs 9 lakh, yielding Rs 5,550 monthly. Joint accounts can invest up to Rs 15 lakh.
• The scheme is market-independent and risk-free, providing a secure income stream, often better than FDs.
• Start with just Rs 1,000. After 5 years, the principal amount is returned, with options to reinvest or transfer to an RD scheme.

Why It Matters: Post Office MIS offers secure, fixed monthly income with attractive interest rates, ideal for risk-averse investors.