SBI Bank Monthly Income scheme details with example in Kannada // SBI Bank MIS account vs Post office MIS account New Interest rate calculator , eligibility criteria, maturity period, age limit, tax benefits etc.
Post office MIS account
A monthly Income Scheme (MIS) is an investment scheme that promises the investor guaranteed returns at an interest rate of 6.70% per annum. These returns can be availed as fixed monthly income. Post Office Monthly Income Scheme (POMIS) is an investment scheme of the Indian postal service.
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