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| Name | Post Office MIS Scheme | Best Investment Plan For Regular Income | Monthly Income Scheme Post Office |
| Video Uploader | Video From Josh Talks Stock Market |
| Upload Date | This Video Uploaded At 25-02-2023 13:30:04 |
| Video Discription | Post Office MIS Scheme 2023 | Monthly Income Scheme in Post Office | POMIS Interest Rate Welcome to Josh Money! In this video of Josh Money, we will be discussing Post Office Monthly Income Scheme and its benefits. A monthly Income Scheme (MIS) is an investment scheme that promises the investor guaranteed returns at an interest rate of 6.60% per annum. These returns can be availed as fixed monthly income. Post Office Monthly Income Scheme (POMIS) is an investment scheme of the Indian postal service. It promises the investor guaranteed returns at 6.60% per annum in the form of fixed monthly income. Seasoned investors consider MIS to be one of the smartest investment plans to park funds as it gives you three merits – keeps your capital intact, yields better returns than debt instruments, and assures a fixed monthly income. Urban investors are often reluctant to make an investment in POMIS. It looks very old world but so as you know it was the post office, that introduced banking services in India and is still the largest banking service provider in the country. Being administered by the Ministry of Finance, it boasts of far greater credibility than any other form of investment. How does POMIS Works? Making an investment in Post Office Monthly Income Scheme is as easy as a pie and requires minimal documentation. The investor needs to submit a copy of the address proof and identity proof (passport/PAN card/ration card/voter identity card) and passport size photographs. To get started, the investor needs to open an account. He/She can opt for either an individual account or a joint account. The table below shows the minimum and maximum amount that can be invested in Post Office Monthly Income Scheme. The Monthly Income Scheme is surely an effective investment tool that efficiently deploys the capital to earn guaranteed monthly income for you throughout the investment tenure. Moreover, it comes with the infallible backing of the government. No wonder, Post Office Monthly Income Scheme is an all-time favorite among old aged, retired people and risk-averse investors. Source: Policy Bazaar Follow the Instagram Page of जोश Money: https://www.instagram.com/joshmoneylive/ #MISScheme #MonthlyIncomeScheme #PostOfficeSchemes #JoshMoney |
| Category | Education |
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