Post Office Interest Rate | Saving money secure your future. Therefore, we continue to search for schemes with good interest rates. Now you can easily earn money every month in less hard work.

Post Office Monthly Income Scheme (POMIS)

You can earn money through the Post Office’s Small Savings Scheme Monthly Income Scheme (POMIS). Along with getting attractive interest rates, the monthly income scheme of the post office can become a way of regular investment due to the option of a safe investment.

Open a joint account with a single or spouse – annual interest rate

Post office savings accounts are currently getting 7.4 percent annual interest rate. In this, Rs 9 lakh can be deposited through a single account and a maximum of Rs 15 lakh through a joint account. Post Office Monthly Income Account is a small savings scheme recognized by the government. Here you get returns with guarantee. 100 percent security is guaranteed in the post office plan. It has the facility to open a joint account with a single account as well as a spouse.

Who can open an account?

1. Single account named after adult person
2. Joint Account (Maximum three adults) (Joint A or Joint B)
3. Parents can open an account in the name of almighty children
4. If the child is ten years old then invest

Rules of pomis savings scheme

1. To open this account, it is necessary to deposit a minimum amount of Rs 1000. After this, money can be deposited in the amount of 1000 rupees.
2. Maximum Rs 9 lakh can be deposited in single account and maximum Rs 15 lakh in joint account.
3. Every account holder in a joint account has an equal share of investment.

This small savings scheme is getting 7.4 percent annual interest. Interest is received every year on these deposited money. By dividing it into 12 parts, that amount is deposited in your account every month. If you do not withdraw this amount every month, then it will remain in your post office savings account. On adding this money to the principal, you will get further interest. The maturity of this scheme is five years old. However, after five years, this scheme can be increased on new interest rates.

How much interest every month?

* Interest Rate – 7.4 per year
* Maximum investment for joint account – Rs 15 lakh
* Annual interest – Rs 66,600
* Monthly Interest – Rs 5,550