Post Office Monthly Income Scheme: Check eligibility, interest rate and more

Anyone who is above the age of 10 years or so can make a Post Office Monthly Income Scheme Account in his own name. Even a guardian on behalf of a minor or person of unsound mind can also invest in this post office scheme.

The Post Office has come up with a Monthly Income Scheme Account (MIS) which has become immensely popular among investors who want stable and guaranteed returns and that too with an attractive interest rate.  Anyone who is above the age of 10 years or so can make a Post Office Monthly Income Scheme Account in his own name. Even a guardian on behalf of a minor or person of unsound mind can also invest in this post office scheme. Who Can Open a Post Office MIS Account? Post Office Scheme MIS Interest Rate 2021