![]() Interested candidates can download the MIS Application Form and open their mis savings account. This type of investment keeps your amount intact, provide better guaranteed returns along with ensuring fixed monthly income. The maturity period is 5 years while premature withdrawal is subject to deduction in the principal amount. Post office does not provide bonus on accounts opened after 1 December 2011. PO-MIS investment does not qualify for any tax benefit under s/c 80 C and interest earned is fully taxable. All those candidates who wants to earn regular income every month can make investment. ![]() Subscribers can calculate their interest earned through mis calculator and also see bonus amount after every month. Central government now fixes interest rate at 7.6% p.a (w.e.f 1 October 2019) payable monthly. Post Office Monthly Income Scheme 2019 is a best five year investment with maximum ceiling of Rs.
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