Post Office Scheme: There are many special schemes run by the Post Office, through which you can secure your future. Along with this, the money of the investors in this scheme is completely guaranteed, that is, your money does not have any kind of risk. Today we will tell you about such a scheme of the post office, through which both husband and wife can earn together every month.
A special scheme is run by the post office, through which both husband and wife together can earn Rs 59,400 annually. The name of this scheme is Post Office Monthly Savings Scheme (Post Office MIS), through which you earn fixed income every month. If you talk about monthly earnings, then you can earn Rs 4950 every month in this. You can also open a joint account in this. Let us tell you how you will get double benefit in this scheme-
This much amount will be earned annually
In this scheme, through a joint account, your profit gets doubled in it. Today, we are giving you complete information about this special scheme, how by joining it, the husband-wife can earn up to Rs 59,400 annually through this scheme.
What is MIS Scheme?
The account opened in the MIS scheme can be opened both single and jointly. You can invest a minimum of Rs 1,000 and a maximum of Rs 4.5 lakh in this scheme while opening a personal account. But, the maximum amount that can be deposited in a joint account is Rs 9 lakh. This scheme is very beneficial for retired employees and senior citizens.
What are the benefits?
The good thing about MIS is that two or three people together can open a joint account. The income received in return for this account is given equally to every member. You can convert a joint account to a single account at any time. You can also convert a single account into a joint account. To make any changes in the account, a joint application has to be given by all the account members.
How does this scheme work?
Let us tell you that in this scheme you are getting annual interest at the rate of 6.6 percent at present. Under the scheme, returns are calculated on the basis of annual interest on your total deposits. In this, your total return is made on an annual basis. Therefore it is divided into 12 parts according to every month. You can add this part to your account every month. If you do not need it on a monthly basis, then adding this amount to the principal amount also gives interest on it.
Understand how you will generate income with an example
Suppose a husband and wife have invested Rs 9 lakh in a joint account under this scheme. The annual return on a deposit of 9 lakhs at a 6.6 percent interest rate will be Rs 59,400. If it is divided into 12 parts, then it will be Rs 4950 monthly. That is, you can ask for Rs 4950 in your account every month. At the same time, your principal amount will be kept completely safe. If you want, you can extend the scheme after 5 years and for 5-5 years.