🚀 Want ₹22,222 every month without working? The Post Office Monthly Income Scheme (MIS) can make it happen! With a one-time investment of ₹5,55,555, you can secure a steady monthly income backed by the Government of India. Here’s everything you need to know!
💰 How Does This Investment Work in Post Office Monthly Income Scheme
✅ Investment Amount: ₹5,55,555 (One-time deposit)
✅ Monthly Payout: ₹22,222 (Fixed for 5 years)
✅ Interest Rate: 7.4% p.a. (Current rate for Q2 2025)
✅ Tenure: 5 years (Extendable)
✅ Risk Level: Zero risk (Govt.-backed)
📊 Monthly Income Breakdown for Post Office Monthly Income Scheme
| Investment | Interest Rate | Monthly Payout | Yearly Earnings | Total in 5 Years |
|---|---|---|---|---|
| ₹5,55,555 | 7.4% | ₹22,222 | ₹2,66,664 | ₹13,33,320 |
💡 Note: You get back your full principal (₹5.55L) after 5 years!
✔ Why Choose Post Office MIS?
🔹 100% Safe – Backed by Government of India
🔹 Fixed Monthly Income – No market risks like stocks/MFs
🔹 Low Minimum Investment – Start with just ₹1,000 (Max ₹9L single / ₹15L joint)
🔹 Tax Benefits – TDS not deducted (but interest is taxable)
🔹 Easy Withdrawal – Premature closure after 1 year (with penalty)
📌 Other Top Post Office Schemes (2025 Rates)
| Scheme | Interest Rate | Min/Max Investment | Tenure | Tax Benefit |
|---|---|---|---|---|
| Monthly Income (MIS) | 7.4% | ₹1K – ₹9L | 5 yrs | No 80C |
| Senior Citizen Savings (SCSS) | 8.2% | ₹1K – ₹30L | 5 yrs | Yes (80C) |
| Sukanya Samriddhi (SSY) | 8.0% | ₹250 – ₹1.5L/yr | 21 yrs | Tax-free |
| Public Provident Fund (PPF) | 7.1% | ₹500 – ₹1.5L/yr | 15 yrs | Tax-free |
| National Savings Cert. (NSC) | 7.0% | ₹1K – No max | 5 yrs | Yes (80C) |
💡 Best for retirees? SCSS (8.2%) gives higher returns + tax benefits!
📝 How to Invest in Post Office Monthly Income Scheme
Step 1: Visit Nearest Post Office
- Carry Aadhaar, PAN, address proof, passport photo
- Fill Application Form (Form 1)
Step 2: Deposit Money
- Pay via cash/cheque/online transfer
Step 3: Start Earning!
- First payout in 30 days → Continues for 5 years
❓ FAQs – Post Office Monthly Income Scheme
Q1. Is Post Office MIS safe?
✅ Yes! It’s govt.-backed with zero default risk.
Q2. Can I withdraw early?
⚠️ Yes, but penalty applies:
- Before 1 year: No withdrawal
- After 1 year: 2% penalty
Q3. Is the interest taxable?
📢 Yes, interest is taxable (added to income). No TDS deducted.
Q4. Can I extend after 5 years?
🔄 Yes! You can reinvest for another 5 years.
💡 Smart Investment Tips
📌 Ladder Investments – Split ₹5.5L into SCSS + MIS for higher returns
📌 Reinvest Payouts – Put ₹22,222 into RD/PPF for compounding
📌 Joint Account? Max investment increases to ₹15 lakh
🎯 Final Verdict: Best for Risk-Free Passive Income!
If you want:
✔ Guaranteed ₹22,222/month
✔ Zero market risk
✔ Govt.-backed security
👉 Post Office MIS is PERFECT for you!
📢 Visit your nearest post office today to invest!