How does Post Office Monthly Income Scheme Work? | POMIS Details in Tamil | Sana Ram скачать в хорошем качестве

How does Post Office Monthly Income Scheme Work? | POMIS Details in Tamil | Sana Ram

Attend the Business Launchpad Program in your city - https://bit.ly/4kyEb7Y Download the ffreedom app from the Play Store or App Store to learn more about this https://ffreedom.com/yttamil Personal Finance Courses https://ffreedom.com/tamil/personal-f... How does Post Office Monthly Income Scheme Work? | POMIS Details in Tamil | Sana Ram The Post Office Monthly Income Scheme (POMIS) is a popular investment scheme offered by the Indian Postal Service. This scheme offers a fixed monthly income to investors for a period of 5 years. The scheme is ideal for those who are looking for a secure investment option that provides regular income. How does POMIS work? To invest in POMIS, you need to open a savings account with the post office. You can do this by visiting your local post office and filling out the necessary forms. Once your savings account is active, you can invest in the POMIS scheme by depositing a minimum of Rs.1500 and a maximum of Rs.4.5 lakhs. The interest rate for the POMIS scheme is decided by the government and is reviewed every quarter. Currently, the interest rate is 6.6% per annum. The interest is credited to your savings account on a monthly basis. After investing in the scheme, you will receive a passbook that will contain all the details of your investment. You can also choose to receive a monthly interest payout through post-dated cheques or directly to your savings account. At the end of the 5-year tenure, you will receive the principal amount along with the interest earned. You can then choose to withdraw the entire amount or renew your investment for another 5 years. Benefits of POMIS The POMIS scheme offers several benefits to investors. Firstly, it is a secure investment option as it is backed by the government. Secondly, it provides a fixed monthly income, which can be useful for retirees or those who need a regular source of income. Thirdly, the investment is flexible, and you can choose to withdraw the entire amount at the end of the tenure or renew it for another 5 years. The scheme is also easy to invest in, and the post office has a wide network of branches across the country, making it accessible to everyone. Conclusion In conclusion, the Post Office Monthly Income Scheme is a great investment option for those who are looking for a secure and regular source of income. The scheme is easy to invest in, and the government backing makes it a reliable option. However, investors should keep in mind that the interest rate is subject to change and it is important to check the current rate before investing. Overall, the POMIS scheme is a good option for those who want a hassle-free investment with a fixed monthly income. ffreedom App is India's No1 Livelihood Education platform featuring 960+ video courses on Personal Finance, Business & Farming taught by super successful people from respective fields. Join over 1cr+ learners from India who are on their mission to increase their income by 10 times. #PostOfficeSavings #InvestmentOption#FinancialPlanning #SecureInvestment #LongTermSavings #GuaranteedReturns #FixedDeposit #InvestInYourFuture#SavingForTheFuture#SavingsScheme#postofficeschemes #investmentschemes #postofficeschemes #incomeschemes #investmentschemes #misschemes #POMIS #sanaram