ADVERTISEMENT
Post Office Monthly Income Scheme (MIS): Interest Rate, Investment Limits And More
05 Nov 2019, 05:12 PM IST 
Save
MIS account can be transferred from one post office to another.
In a Monthly Income Scheme (MIS) account, the maximum investment limit is Rs 4.5 lakh in a single account and Rs 9 lakh in a joint account, according to India Post. The investment must be done in multiples of Rs 100.
The maturity period of MIS account is 5 years.
Joint account can be opened by two or three adults, where all joint account holders must have equal share in each joint account, according to India Post.
Single account...
