When it comes to safe and guaranteed-return investments, post office savings schemes remain one of the most trusted choices in India. Even as banks have reduced their savings account interest rates after recent repo rate cuts by the Reserve Bank of India, post office schemes continue to offer stable returns without any changes in rates.
For those who want a secure investment along with steady monthly income, the Post Office Monthly Income Scheme (MIS) is an excellent option.
You invest a lump sum amount for 5 years.
Interest is credited every month directly into your savings account.
At maturity, the entire principal amount is returned.
Maximum deposit in a single account: ₹9 lakh
Maximum deposit in a joint account (spouse/family): ₹15 lakh
7.4% per annum
Paid out monthly, ensuring a fixed and reliable income stream
If a husband and wife open a joint MIS account and deposit ₹15 lakh, they will receive about ₹9,250 every month as interest. This creates a steady, guaranteed income without touching the principal.
100% government-backed → no risk of losing money
Stable interest rate, higher than most bank deposits
Fixed monthly income, ideal for families and retirees
Suitable for those who want security + regular cash flow
The Post Office Monthly Income Scheme (MIS) is perfect for couples, retirees, and anyone who wants a risk-free, government-backed investment with monthly income. By investing ₹15 lakh jointly, couples can earn nearly ₹1.1 lakh per year in guaranteed returns—making it a highly reliable financial planning tool.