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Post Office Monthly Income Scheme Pays 7.6% Interest. Here Are Other Key Details
28 Jul 2019, 07:36 PM IST 
Deposit in an MIS account at the post office offers interest at the rate of 7.6%, payable monthly.
India Post, which has a network of over 1.5 lakh post offices across the country, provides a range of financial services other than its mailing operations. The Department of Posts offers nine savings schemes with different interest rates. The interest rates on post office saving schemes move in line with the government's interest rates on small savings schemes, which are revised on a quarterly basis. One such savings scheme offered b...
