To invest in the Monthly Income Scheme (MIS) offered by the Indian Postal Service, it is not mandatory to have an account with the post office. However, you will need to have a savings account with the post office to be able to invest in this scheme. If you do not already have a savings…
POMIS Account Opening Procedure – Post Office
The Post Office Monthly Income Scheme (POMIS) is a savings scheme offered by the Indian Postal Service, which provides a fixed and regular monthly income to investors for a period of five years. Here are the steps to open a POMIS account: Step 1: Visit the nearest Post Office To open a POMIS account, investors…
Features of POMIS – Post Office
The Post Office Monthly Income Scheme (POMIS) is a popular savings scheme offered by the Indian Postal Service. It has several features that make it an attractive investment option for those looking for a regular source of income. Some of the key features of POMIS are: Regular Monthly Income: POMIS provides a fixed and regular…
Post Office Monthly Income Scheme (POMIS)
Post Office Monthly Income Scheme (POMIS) is a popular savings scheme offered by the Indian Postal Service. It is a low-risk investment option that provides regular monthly income to investors, making it an attractive choice for those looking for a stable and safe investment. POMIS is designed to provide a regular source of income to…