What is the post office monthly income scheme? POMIS is a monthly income scheme in India post, it offers an interest of 8.5% per annum on monthly basis. What is the post office savings scheme? Under these savings scheme in the Post office, you can deposit money and avail interest on it...
You can invest from Rs 1000 in this great scheme of post office. There is no limit on maximum investment in Kisan Vikas Patra Scheme. You can invest as much as you want in this scheme and take benefits. You can invest in multiples of Rs 100 starting with Rs 1,0...
3)Like MIS in post office/banks is Mutual Fund MIP is good to invest and as compared to bank/post office which gives higher return in short term and do this scheme giving monthly interest. 4)Investing in Non-Convertible Debentures (NCD), is this investment give better monthly income. (I ...
5) Post Office MIS:Post office Monthly Income Scheme provides monthly income and has tenure of 5 years. Latest Post office MIS interest rate is 6.6%. One can invest a minimum of Rs 1,000 and maximum of Rs 4.5 lakhs for a single account. In case of joint account, one can invest up ...
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Now Finance Ministry gives its nod to link all post office savings account to IPPB to benefit 34 crore POSB account holders. There are around 17 crore post office saving bank accounts and another 17 crore people are subscribed for monthly income scheme, time deposit, national saving certificate...
1) Post office small saving schemes are considered as highest safety as these are offered Govt of India (through the Ministry of Finance). Higher interest rates are being offered on Sr. Citizens Saving Scheme, which is 8.6%. If you are a senior citizen and looking for safe income, investin...
The Post Office board member responsible for overseeing the delivery of a controversial compensation scheme for sub-postmasters is to step down from its board. Sky News has learnt that Ben Tidswell, a former lawyer with the international law firm Ashurst who became a director of the Post Office...