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Post Office Monthly Income Scheme Account: Interest Rate, Maturity Period, Other Details

The maturity period of Post Office MIS account is 5 years.
The maturity period of Post Office MIS account is 5 years.
India Post, the postal system of the country offers several saving schemes with different rates of interest besides postal services. One such savings scheme offered by India Post is monthly income scheme (MIS). The post office MIS account offers an interest rate of 7.3 per cent per annum, which is payable monthly. The minimum amount required to set up a monthly income account is Rs. 1,500. The maximum investment limit is Rs. 4.5 lakh...
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