highlights
You can invest a maximum of Rs 15 lakh in the postal system.
Only up to Rs 9 lakh can be invested in a single account.
You can get the maximum benefit if you open this account together with your spouse.
New Delhi. The news of layoffs has been heard widely in the country and around the world. This situation forces us to believe that there is no harm in having an alternative regular source of income ready. For this it is not necessary that you start other work yourself, but you can use the money kept with you. To do this, you need to find an investment opportunity that not only guarantees you a fixed income, but also security. Where else can this facility be found better than government programs. Swiss Post’s Monthly Pension Insurance (MIS) can provide you with comprehensive help.
Following an announcement by the Union Finance Minister in this year’s budget, pensions/income from this budget have also increased. Now the investment limit has almost doubled, which has also increased the returns. What is this scheme and who can invest in it? Below you will read all the details related to it.
Also read this – LIC and postal systems are very popular with people, if you also want to invest then you know which is the best
What is this scheme
A person can invest Rs 9 lakh in this postal system. Earlier this amount was only Rs 4.5 lakh. Investing in a single account gives you a monthly pension of Rs 5,325. On the other hand, if you invest in joint account, you can invest Rs 15 lakh and your monthly income is Rs 8,875. Both account holders share equally in this. You can start this with your spouse. Significantly, after 5 years of investment, you get this income.
who can invest
Any adult Indian citizen can invest in it. Even a child over 10 years old can open this account in his name and after 5 years he will receive a regular income. The state is currently paying 7.1 percent interest for this. The most important thing is that the money invested in this system is not subject to market risks. Therefore, your money is completely safe and you will surely receive a steady income.
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Keywords: Business News in Hindi, earn money, investment tips, personal finance, Post Office MIS
FIRST RELEASED : February 19, 2023 at 9:31 am IST
