Post Office Schemes

Post Office Monthly Income Scheme (MIS)

India Post
7.40%
per annum · As of 2026

Key Details

Annual Rate
7.40%
Risk Level
1 — Very Low
Min. Investment
₹1,000
Lock-in Period
5 years
Category
Post Office Schemes
Institution
India Post

Tax Treatment

Interest taxable. TDS applicable.

About This Instrument

Government scheme that pays monthly interest. Ideal for retirees needing regular income. Maximum ₹9 lakh single, ₹15 lakh joint.

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