The Post Office Monthly Income Scheme (POMIS) is one of the popular savings schemes among low-risk investors looking for a fixed monthly income. The government-backed small savings scheme is specially preferred by retirees and individuals who want regular earnings without taking market-linked risks. In a joint Post Office MIS account, one can invest up to Rs 15 lakh. How much monthly income can they earn if they invest Rs 15 lakh in their joint Post Office MIS account.
Limits under Post Office MIS account
