Income Scheme: Get a great fixed return of Rs 8633 every month with your wife through Post Office Income Scheme.

Post Office Guaranteed Income Scheme: Many excellent savings schemes are being run by the Central Government through Post Office for different sections. One of the most popular schemes is the Monthly Income Scheme (MIS) which is fantastic. This scheme is especially great for those who want to invest their money in a safe manner. In this scheme, you get a fixed and completely guaranteed income every month very easily.

The main objective of this fantastic and safe government scheme is to provide a safe and consistent regular income to all the investors. You can easily avail the benefits of this excellent scheme with your wife also. If you open a joint account, it will greatly strengthen your financial position for the future. In this way, you can easily earn a handsome and fixed income of Rs 8633 every month sitting at home.

Great interest rates and related rules

On this excellent monthly income scheme of the post office, you are currently getting an excellent annual interest of 7.4 percent. Under this scheme, you have to make a safe investment of lump sum amount only once to get profit. Once the account is opened, you will start getting interest money as fixed income every month for the next 5 years.

You can start investing in this excellent and safe government scheme very easily by depositing at least Rs 1000. If you want to earn more, then you can easily deposit a maximum of Rs 9 lakh under a single account. Whereas under joint account with your wife, a maximum of Rs 15 lakh can be deposited in this beneficial scheme.

Great way to earn Rs 8633 every month

If you invest a lump sum of Rs 14 lakh in this profitable scheme along with your wife, you will get huge benefits. On this great investment, you will start getting fixed interest of Rs 8633 every month without any risk. This guaranteed interest money will be deposited directly into your secure post office savings account every month.

This great and reliable EMI scheme from the post office matures completely over a period of 5 years. After completion of maturity period, all the money invested by you is safely transferred back to your account. To start investing in this scheme, it is considered very important for you to have a current savings account of the post office.

Also read: Railway pensioners’ fun! 2% increase in DR announced, know how much your pension will increase from January 1

All your interest received under the EMI scheme is deposited and transferred directly into your post office savings account every month. Its simple meaning is that if you do not have a post office savings account, then first of all get it opened. Only after successfully opening your savings account, you can easily open your EMI account and avail the benefits.