Best Fixed Income Plan in 2025 : The Reserve Bank of India has cut the repo rate by 1.00 percent this year. This cut has been done 3 times. RBI first reduced the repo rate by 0.25 percent in February, 0.25 in April and then directly by 0.50 percent in June. After the RBI reduced the repo rate, all the banks also reduced the interest on savings accounts and Deposit Schemes .
Best Fixed Income Plan in 2025
However, the post office has not yet cut the interest rates of any of its savings accounts. Today we will tell you about a scheme of the post office, in which if you invest together with your wife, you will get a fixed interest of Rs 9000 every month.
Post Office MIS Deposit Limits and 5-Year Maturity
The post office gives its customers the option to invest money in many types of schemes. Post office MIS i.e. Post office Monthly Income Scheme is also one of these. Under SIS, you have to make a lump sum investment, on which you are paid interest every month directly in your savings account.
The Post office Monthly Income Scheme matures in 5 years, after which the entire amount of your investment is sent back to your account. Under this scheme, a maximum of Rs 9 lakh can be deposited in a single account and a maximum of Rs 15 lakh in a joint account.
Best Fixed Income Plan in 2025 – Post office Monthly Income Scheme
– Government guaranteed security
– Fixed income every month
– Better interest rate than bank
– Invest once, earn for 5 years
– Return of principal after 5 years
If you want a stable monthly income without any risk, then this scheme of post office can prove beneficial for you.
Post office Monthly Income Scheme Offers 7.4% Annual Interest
Monthly Income Scheme is currently getting 7.4 percent annual interest. In this scheme, your money is completely safe and you keep getting fixed interest with guarantee every month. As we told you, under this scheme, you can deposit money in a joint account for a maximum of 15 years.
in Post office Monthly Income Scheme If you deposit Rs 14,60,000 in a joint account with your wife in this scheme, then you will get a fixed interest of Rs 9003 every month, which will come directly to your post office savings account.
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