New Delhi: Investing in post office savings schemes has always been a favorite of people. Because the interest received here is higher than other banks. There are many schemes available to give better returns on investment in the post office, in which there is better interest and return on investing money, as well as the security of money is ensured. We are going to tell about one such monthly scheme of the post office. After investing, you will start earning monthly. The special thing is that in this scheme you can get a certain amount every month.

Know the monthly plan:-

Under this scheme of the post office, an amount of up to Rs 4.5 lakh can be invested in a single account. At the same time, if you take a joint account, you can invest up to Rs 9 lakh. Through this, you can earn a good amount as a monthly income by investing 9 lakh rupees.

Interest received in the scheme:-

Under this post office scheme, annual interest of up to 6.6 percent is received. Suppose you invest Rs 9 lakh in this scheme, then you will get Rs 59,400 as interest every year. According to this calculation, you will be able to earn Rs 4,950 per month. At the same time, on investing Rs 4.5 lakh in a single account, you get an interest of Rs 2,475 every month.

Age Limit for The Scheme:-

Under this scheme of the post office, the MIS account of any person above 10 years of age can be opened. To take advantage of this scheme, the applicant's Aadhaar card and passport-size photo are required. Go to the post with these two documents and submit the cheque after filling out the form. After this, your MIS account will be opened.

Apart from this, the post office has excellent investment and savings plans available for every age and income group. National Savings Certificate for small savings schemes is very much liked by people. It also gets tax exemption along with higher interest. From October 1, the interest rate on NSC for 5 years has been increased to 6.8 percent.

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