Earn Monthly with the Post Office Monthly Savings Scheme (MIS)

New Delhi :

When it comes to secure savings and investments, the post office offers a reliable choice. Post office schemes are known for their safety and variety.

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If you’re considering investing your money wisely, the Post Office’s Monthly Savings Scheme (MIS) might be your ideal choice.

What is Post Office MIS?

The Post Office provides a range of small savings schemes, and one of the noteworthy options is the National Monthly Savings Scheme (MIS).

What sets this scheme apart is the opportunity to earn monthly interest.


With a minimum deposit of just Rs 1,000, you can open an MIS account, while a single account can hold up to Rs 9 lakh, and joint accounts can accommodate up to Rs 15 lakh.

Interest Rates and Account Details

If you decide to close your account after one year, be prepared for a 2 percent deduction from your deposited amount.


The Post Office MIS is open to everyone, making it accessible to a wide range of investors.

Currently, the scheme offers an attractive interest rate of 7.4 percent per annum, with interest payments starting one month after the account opening date.

This ensures a consistent monthly income stream.


The scheme has a lock-in period of 5 years, which can be extended for an additional 5 years.

By exploring the Post Office MIS, you can enjoy the benefits of a secure and rewarding savings option.



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