post office monthly income scheme?
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Post Office Monthly Income Scheme - India Post The Post Office Monthly Income Scheme (MIS) is a type of term deposit account offered by India Post. The MIS scheme pays interest each month and is suited for those who seek regular or supplementary income from their investments.
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The scheme currently offers interest rate of 6.6 per cent per annum, payable monthly, for the deposits made up to September 30, 2021. The minimum investment amount is ₹1,000. The maximum limit is ₹4.5 lakh in a single account and ₹9 lakh in a joint account (up to three adults).
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