Regular monthly income from scheme | Post office scheme

Regular Monthly Income from Government Scheme : The Post Office Monthly Income Scheme (POMIS) is a government-backed investment avenue offering fixed returns. It's part of a range of post office schemes providing secure investment options. POMIS offers an interest rate of 7.4%, disbursed monthly, and has a maximum investment limit of Rs. 9 lakhs for single accounts and Rs. 15 lakhs for joint accounts. Interest rates are revised periodically by the Finance Ministry.

To open a POMIS account, you need a Post Office Savings Account and must complete the application process, including providing ID and address proofs. Early withdrawals incur penalties, with the penalty decreasing over time. POMIS provides a stable monthly income, unaffected by market fluctuations, making it attractive to risk-averse investors. #passiveincome #investment

[finance.boosan]

Regular Monthly Income from Government Scheme : The Post Office Monthly Income Scheme (POMIS) is a government-backed investment avenue offering fixed returns. It's part of a range of post office schemes providing secure investment options. POMIS offers an interest rate of 7.4%, disbursed monthly, and has a maximum investment limit of Rs. 9 lakhs for single accounts and Rs. 15 lakhs for joint accounts. Interest rates are revised periodically by the Finance Ministry.

To open a POMIS account, you need a Post Office Savings Account and must complete the application process, including providing ID and address proofs. Early withdrawals incur penalties, with the penalty decreasing over time. POMIS provides a stable monthly income, unaffected by market fluctuations, making it attractive to risk-averse investors. #passiveincome #investment

[jayaramanr]

Parked Your amount for safety in MIS then If you dont want that intrest then you can put that intrest again in post office RD it will increase your return

[arjun]

Scss is giving 8.2%, but it is taxable after some amount in a financial year and also there is quarterly interest payout present, so better than 7.2%

[praveen]

I checked post office official website for MIS. They mentioned interest is taxable. you said no TDS. can you please comfirm this?

[sivakumargopalan]

Bro, 5y returns is less than 3y and 1y, so do we need to take the money in 3y and invest it as Lumpsum? And continue the same fund?

[gamingfireemblem]

Anna explain about fixed income mutual funds, I recently seen in advertisement

[rubygirja]

9 lakhs is joint account holders kniw
Single account holder vil have to deposit till 4.5 lakhs

[KeerthiS-tm]

interest rate is fluctuating or fixed bro

[playpannulearnpannu]

Monthly 1000 potta after 2 years amount edukka mudiyuma bro?

[rmchannel]

Beldex coin la investment panradhu safe ah bro

[Lavanya-or]

Anna ipo 5yrs mudincha piragu adhey amount therima post office la podalama monthly income vara namba withdraw panama

[toptamilangaming]

Bro ok my family use iruka ethula no 1 and 2 ethu beast irrkum

[Vetri_nichayam_vlog]

Hii bro pannalam aana 9 L enga vanthuchi ketta yenna panrathu sollunga land sale kaasu aana register namba kammi market poduvum tax detect panna epti solrathu sollunga

[kirthicarajamanickam]

Tax benefits- new regime, old regime iruku adhu pathi sollunga. Nee general ah pesitu pora ma

[ragulraina]

why should we prefer these over debt funds? Do we have any tax benefits?

[surendrababu]

But as you said stable money is giving 9.25% right?

[hemahems]

I asked in post office in MIS 3 months once income Wil come they r saying... please clear this

[ashwinrules]

Wrong info bro
banks rate are almost equal to it and interest is taxable

[jayaramraja]

Yov ..9.6 percent Bank la tharan.. atha sollunga ya first . Summa aracha mava arachutu

[navinbalaji]

Yov..small finance banks monthly regular interest payout laye 8.6 percent laam taraanga..digcc insurance 5 lakhs varaikkum..athu laam solla maatingale..😢