Post office monthly income scheme is one of the best plan available in the segment where people want to receive regular monthly income no matter what happens.
Best suited plan for retired people or for people who don't have any kind of returns and want to have some regular kind of income to help their daily life
Features:
Interest offered : 8.4%
Maturity period - 5 years
Minimum amount to be invested: 1500
Maximum amount to be invested per single account : 4,50,000
Maximum amount to be invested per joint account : 9,00,000
If 4,50,000 is invested, then you will get monthly income of 3150 with the current interest rate of 8.4%
If 9,00,000 is invested, then you will get monthly income of 6300 with the current interest rate of 8.4%
HAPPY SAVING!!!!!!
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