Latest interest rate of Post Office Monthly Income Scheme (POMIS) for January -March 2025The government revises interest rates of Post Office Monthly Income Scheme along with other small savings schemes every quarter. Read our s...
23 Jan, 2025, 05.36 PM IST
Post Office Monthly Income Scheme interest rate: What is the POMIS interest rate for the October-December 2024 quarter?Capital protection is one of this scheme's primary advantages, which makes it a safe option for savings. The principal can be withdrawn at ...
16 Oct, 2024, 01.04 PM IST
Interest rate up to 8.2%: Latest interest rates of PPF, Senior Citizen Savings Scheme, Sukanya Samriddhi, other post office schemesLatest small savings schemes interest rates: The savings schemes offered by post offices consist of the Public Provident Fund, Senior Citiz...
13 Sep, 2024, 01.05 PM IST
Top four investment options for senior citizens for monthly income during retirement, earn up to 9.5% returnSenior citizen investment options: Below, you'll find a compilation of four investment opportunities tailored for senior citizens to help t...
21 Aug, 2024, 12.09 PM IST
Earn 7.4% interest on Post Office Monthly Income Scheme; do you get tax benefits for investing in POMIS?Post Office Monthly Income Scheme: India Post offers a range of investment opportunities, including the Post Office Monthly Income Scheme (...
01 Mar, 2024, 10.59 AM IST
Top 5 investment options that can help senior citizens earn monthly income during retirementRetirement planning: Here are few investment options for the retired to provide for their monthly household expenses.
08 Sep, 2023, 10.53 AM IST
How SBI Annuity Deposit Scheme scores against SCSS, POMIS and LIC annuity schemeSBI Annuity Deposit Scheme offers a good way to generate high regular monthly income. This product appears attractive, especially to senior...
02 May, 2023, 03.53 PM IST
Post Office Schemes latest Interest Rates in India for 2023Post office schemes interest rates: These are popular small savings schemes as they are backed by the central government and the returns he...
20 Apr, 2023, 11.47 AM IST
Post office Monthly Income Scheme investment limit hiked up to Rs 15 lakh: Notification issued by govtThe government announced a hike in investment limit under Post Office Monthly Income Scheme (PO MIS) in Budget 2023. The investment limit w...
03 Apr, 2023, 05.26 PM IST
Three changes in post office schemes from April 1, 2023Here are the changes if you are an individual who has invested in the Senior Citizen Savings Scheme (SCSS) or the Post Office Monthly Incom...
27 Mar, 2023, 04.36 PM IST
Post Office Monthly Income Scheme higher investment limit from April 1, 2023: How to open POMIS account, interest rateThe current interest rate is 7.1% for the January-March 2023 quarter. The minimum investment is Rs 1000, and multiples of Rs 1000 are permi...
22 Mar, 2023, 06.37 PM IST
Budget 2023 impact: 100% rise in interest income from Senior Citizens Saving Scheme (SCSS), POMIS. The deposit limit in the Senior Citizens’ Saving Scheme (SCSS) and the Post Office Monthly Income Scheme (POMIS) has been doubled, allowi...
08 Feb, 2023, 11.22 AM IST
Rise in deposit limit for 2 senior citizen schemesThe current interest rate for SCSS is 8% for the Jan-March 2023 quarter, while the MIS rate is 7.1%.
01 Feb, 2023, 02.14 PM IST
Earn 6.6% interest on Post Office Monthly Income Scheme; Check eligibility, taxation, other details hereInvestors in the post office's monthly income scheme can earn up to 6.6 percent annual interest each month. A POMIS account can be formed i...
25 Mar, 2022, 12.23 PM IST
Investment options for a retiree to generate regular incomeMost retirees look for guaranteed, tax-free returns. Once they find out that there are not many tax-free instruments available in the count...
26 Oct, 2021, 10.18 AM IST
I want to invest Rs 40,000 a month in equity mutual funds. Which schemes should I consider?Given your high-risk appetite and time horizon, you can begin with three or four equity mutual funds. It is important to highlight that one...
06 Apr, 2021, 11.49 AM IST
Why defence personnel should look beyond Senior Citizens Saving Scheme and what are the alternativesThe minimum age limit for investing in SCSS for retired defence personnel (excluding civilian defence employees) has now been fixed at 50 y...
02 Nov, 2017, 12.45 PM IST