Get an income of Rs. 4950 per month from this post office scheme
Who does not want good returns. People invest in all kinds of a schemes to get good returns. He also keeps an eye on the stock market. There are risks in stock market fluctuations and even after taking all the risks no fixed amount is fixed. Overall the common man is upset for a certain month's income.
- You will be able to get up to 5 thousand interest per month.
- Up to 9 Lakhs can be deposited
- Anyone over the age of a 18 can open an account
Deposit a fixed amount for the right time
As far as the post office is concerned, many such schemes are still going on today. You can get a fixed monthly income by investing in it. By depositing a certain amount at the right time, you can get a good return every month which can fulfill your big need. If you are investing in this scheme, you can get five thousand rupees every month.
Interest will be paid every month
The special thing about the post office this monthly income scheme is that its interest is calculated every year. For example, if an investor opens a joint account in the scheme and deposits Rs 9 lakh in it, he can earn Rs 4950 per month. The annual interest rate on capital is 6.6 percent at Rs 59,400. For example, your monthly interest is 4950. Which you can take every month. The amount you get each month will be only the amount of interest and your capital will be the same. Which you can pick up at the time of maturity.
Interest will be available at maturity of 5 years
At maturity of 5 years, you will get a monthly interest of Rs 4950. If you want, you can also increase its maturity. Under this scheme you will get only Rs. Can open an account in If you open a single account, you can deposit a maximum of Rs 4.5 lakh. When this amount in a joint account becomes 9 lakhs.
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Who can open an account
Anyone over the age of this 18 can open this account. An account can have up to 3 names at a time. An account can also be opened in the name of a child above 10 years of age. An account in the name of Guardian can be opened for a child below 10 years.