{"id":1301,"date":"2018-07-27T12:23:13","date_gmt":"2018-07-27T12:23:13","guid":{"rendered":"http:\/\/www.flowactivo.org\/?p=1301"},"modified":"2018-07-27T12:23:13","modified_gmt":"2018-07-27T12:23:13","slug":"post-office-mis-calculator","status":"publish","type":"post","link":"https:\/\/flowactivo.org\/de\/post-office-mis-calculator\/","title":{"rendered":"Switch on Post Office MIS Calculator to Compute Your Return"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">In today\u2019s times when there\u2019s a lot of buzz around mutual fund investments and fixed deposits, post offices with regular income schemes are slowly catching up among the masses. India Post has monthly income scheme (MIS) which can help generate interest income to secure your future. And, if you are not sure of the income you are likely to make, there\u2019s a Post Office MIS Calculator which you can use to know the earnings. Plus, you would want to be updated on eligibility and several other pivots, won\u2019t you? So, stay glued to the article for information pertaining to the post office MIS. <\/span><br \/>\n<b>Post Office MIS Interest Rate 2018<\/b><br \/>\n<span style=\"font-weight: 400;\">The interest rate offered on this scheme currently stands at 7.8% per annum. As the rate is fixed periodically, the rate is going to change with time. The maturity of the scheme is 5 years. You will keep earning interest on a monthly basis to create a stream of regular income. The principal at the end of the maturity period will be returned to you. If you want a lump sum involving interest at maturity, you can let the interest accrue and get it back with principal amount in the end. <\/span><br \/>\n<span style=\"font-weight: 400;\">So, if you are investing a sum of say <\/span><span style=\"font-weight: 400;\">\u20b9<\/span><span style=\"font-weight: 400;\">1 lakh for 5 years, the interest to be earned in the said period totals to <\/span><span style=\"font-weight: 400;\">\u20b9<\/span><span style=\"font-weight: 400;\">36,500 as per <\/span><a href=\"http:\/\/www.wishfin.com\/fixed-deposits\/post-office-monthly-income-scheme-mis-account\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><b>Post Office MIS Interest Rate Calculator<\/b><\/a><span style=\"font-weight: 400;\">. <\/span><br \/>\n<b>Features of Post Office MIS<\/b><br \/>\n<span style=\"font-weight: 400;\">The account comes with a unique set of features and benefits. Let\u2019s check out them now. <\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">You can open the account via cash or cheque<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">There\u2019s no restriction on the number of accounts to be opened as long as the total balance adheres to the maximum investment limit<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Account is transferable from one post to another<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Minimum and maximum investment limits are <\/span><span style=\"font-weight: 400;\">\u20b9<\/span><span style=\"font-weight: 400;\">1,500 and <\/span><span style=\"font-weight: 400;\">\u20b9<\/span><span style=\"font-weight: 400;\">4,50,000, respectively<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The account can be opened on a minor\u2019s name. Minors with 10 years and above are allowed to open and operate the account<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">As soon as they become major, the concerned individual needs to get the status changed<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Provision of joint account is also there. Two to three adults can combine together to form a joint account gaining an equal share<\/span><\/li>\n<\/ul>\n<p><b>Documents Sought in Post Office MIS<\/b><br \/>\n<span style=\"font-weight: 400;\">You must submit the following documents to open a post office MIS. <\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Account opening form from the post office<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Identity Proof &#8211; PAN Card\/Aadhaar Card\/Passport\/Driving License\/Voter ID<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Address Proof &#8211; Aadhaar Card\/Passport\/Voter ID\/Driving License\/Ration Card<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Declaration in Form 60 or 61 as per Income Tax Act<\/span><\/li>\n<\/ul>\n<p><b>Download Post Office MIS Application Form<\/b><br \/>\n<span style=\"font-weight: 400;\">You can download the <\/span><a href=\"http:\/\/www.wishfin.com\/fixed-deposits\/post-office-monthly-income-scheme-mis-account\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><b>Post Office MIS Application Form Online<\/b><\/a><span style=\"font-weight: 400;\"> by visiting the website of India Post. What you can do is to take a print out of the form, fill in the blanks, affix the signature and photograph. Submit the form along with the necessary documents to the nearest post office for the opening of the account. <\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>In today\u2019s times when there\u2019s a lot of buzz around mutual fund investments and fixed deposits, post offices with regular income schemes are slowly catching up among the masses. India Post has monthly income scheme (MIS) which can help generate interest income to secure your future. And, if you are not sure of the income [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":4480,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"http:\/\/drive.google.com\/uc?id=1qjibDS2LDJYhC3dNDRHDZ1gvnNuxzCbG","fifu_image_alt":"Post Office MIS Application Form","footnotes":""},"categories":[29],"tags":[651,652,653,654],"class_list":["post-1301","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","tag-post-office-mis-application-form","tag-post-office-mis-application-form-online","tag-post-office-mis-interest-rate","tag-post-office-mis-interest-rate-calculator"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Switch on Post Office MIS Calculator to Compute Your Return - Flowactivo<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/flowactivo.org\/de\/post-office-mis-calculator\/\" \/>\n<meta property=\"og:locale\" content=\"da_DK\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Switch on Post Office MIS Calculator to Compute Your Return - Flowactivo\" \/>\n<meta property=\"og:description\" content=\"In today\u2019s times when there\u2019s a lot of buzz around mutual fund investments and fixed deposits, post offices with regular income schemes are slowly catching up among the masses. 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