Salient Features - Small Savings Schemes

Post Office Monthly Income Scheme (POMIS)

For an investment of Rs.1,20,000/- then Rs.760/- will be paid per month for 5 years.

At the end of 5th year Total amount - Rs.1,65,600

Monthly interest in 5 years - Rs. 45,600

Amount repaid on maturity - Rs. 1,20,000

Rate of interest - 7.5 %