Post Office Monthly Income Source (MIS)
Post Office MIS
1. Post Office Monthly Income Scheme (POMIS):
POMIS is a savings scheme offered by India Post, the postal department of the Government of India. It provides a fixed monthly income to investors who deposit a lump sum amount for a fixed period.
2. Distinctive Benefits of the Post Office Monthly Income Scheme (MIS):
Steady Monthly Income:
POMIS provides a fixed and steady monthly income to investors. The interest is paid out monthly, making it suitable for those looking for a regular income stream.