Your post office MIS will be automatically closed on maturity

To close the Post Office MIS before maturity, you need to submit the closure form to the post office where you had owned the account

You can also login to your internet banking portal of India Post and select close MIS account

Once the account is closed if before maturity, the penalty will be deducted, and the remaining money will be given back in the form of a cheque, or online transfer

Post Office MIS is a long term low risk investment for regular monthly returns

The maturity period for post office MIS is five years

Partial withdrawal is not allowed in post office MIS