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Sunday, 5 August 2018

Post Office Scheme Monthly will be upto Rs 5500, fixed income can start at just Rs 1500



Everyone wants the second source of income other than their main income. POMIS can help you if you are looking for an alternative to regular monthly income or extra income. For this, you will have to open an account in the post office under the scheme. Under the scheme, there is a guarantee of income not less than 5500 rupees per month, while security is also guaranteed for every one of your money. The special thing is that you can open this account with a minimum of 1500 rupees.


Is the advantage of the scheme
Many people put their savings in a Risky investment for other income. At the same time, the market also has its own risks, where fixed returns are not guaranteed. Many people put a one-time money saving account, where the interest is very low. In such a post office scheme, POMIS is a safe option. It will also earn you money every month and after the completion of the scheme, you will get all the money deposited in the post office. The special thing is that every 5 years after the scheme, you can increase it further whenever you want through the same account. This means that for years you will be guaranteed income.

How will the monthly income upto Rs. 5500
If your account is single, then you can deposit up to 4.5 lakh maximum. At least 1500 rupees can be deposited. At the same time, if your account is zero, then a maximum of 9 lakh can be deposited in it. A person can open the account in accordance with the limits set by the post office. Maturity Period is 5 years. After five years, you can invest your capital again in the scheme.

Monthly income will be
Under the moneylie investment scheme, 7.3 percent interest is received annually.
- This annual interest is divided into 12 months, which keeps you on monthly basis.
-If you have deposited Rs 9 lakh, then your annual interest will be around 65700 rupees. In this sense, you will earn about Rs. 5500 every month.
You will get Rs 5500 every month, while you will get some more bonuses after 9 lakhs of maturity period.

Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.
CapitalStars Investment Adviser: SEBI Registration Number: INA000001647.

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