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Equity Linked Savings Scheme
Post Office MIS
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Public Provident Fund

Post Office MIS

  • 8% Monthly Income Scheme
  • 10% Bonus on Maturity

Interest Rate: 8% P.A.

Interest Payable: Monthly.

Maturity Bonus: 10% Bonus on Maturity after 6 years.

Minimum Investment: Rs.6000

Maximum Investment: Rs.3 Lakhs for Single holder & Rs.6 Lakhs for joint holders.

Nomination: Nomination facility available.

Period: 6 Years.

Early Encashment: Premature closure of the account is permitted at any time after expiry of one year and before 3 years with 3.5% deduction. No deduction of penal interest will be levied if the withdrawal is made after 3 years. The bonus will not be paid on premature closure of accounts.

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