Post office bank Tamil News
The Post Office Monthly Income Scheme is one of the small savings schemes of the Central Government. It gives us a chance to earn every month. By investing in this plan, you can earn a fixed amount every month.
Under this scheme, you can open a personal account or a joint account and deposit the total amount. And make money based on investments. The duration of this scheme is 5 years.
Also, the government gives a 100 percent guarantee for your investment. Any Indian citizen can invest under the Post Office Monthly Income Scheme.
To open an account under this scheme, it is necessary to have a savings account at the post office. For this, you need to provide ID proof. All you have to do is provide one of the following: Aadhar Card, Voter ID Card, Passport etc. In addition, you will need 2 passport size photos.
A maximum of Rs 4.5 lakh can be invested in an individual account. At the same time, you can invest up to a maximum of Rs 9 lakh in a joint venture. Even 3 young people can invest together in this joint account. But the investment limit is only Rs 9 lakh.
The government has set an annual interest rate of 6.6 per cent for the post office monthly income plan for the current quarter.
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