What is a Post Office Monthly Income Account (MIS)?

Post office monthly income account is a monthly income scheme where you get a fixed income every month and your entire invested amount back on maturity by investing for five years.

What type of returns do you prefer to have for your investments?

High returns after maturity
Monthly returns
Returns to be added to my investment and given back on maturity
I’m ok with any of the above

Post Office MIS is the scheme that offers you monthly returns.

In a post office MIS, you can choose an amount and invest more than ₹1000/- one time.

There are no instalments allowed in a post office MIS. You can only invest one time.

To track your progress

What is a Post Office Monthly Income Account (MIS)?

What type of returns do you prefer to have for your investments?

Next section will tell us about the characteristics of Post Office MIS