Open this account at the post office in the name of children after the age of 10; Learn the benefits of each month Open this account in the name of children after the age of 10 at the post office; know about the benefits you get every month

Open this account at the post office in the name of children after the age of 10; Learn the benefits of each month Open this account in the name of children after the age of 10 at the post office; know about the benefits you get every month

The MIS account can be opened at any post office. A minimum of Rs.1000 and a maximum of Rs.4.5 lakhs can be deposited in it. (Open this account in the name of children after the age of 10 at the post office; know about the benefits you get every month)

Open this account at the post office in the name of children after the age of 10;  Learn about the benefits you get every month

Open an account in the post office after the age of 10

New Delhi: Post Office MIS is a savings plan. Under this plan, you will have to deposit a lump sum and then you will be able to avail interest every month. This account can also be opened in the name of children above 10 years of age. If you open this account in your children’s name, you can pay your children’s school fees from the interest income you receive each month. In the current Corona epidemic, this can be a great relief for every parent. On the one hand, the burden of school fees remains on the parents even when the children are not going to school. In this case, the Post’s savings plan will definitely be beneficial. (Open this account in the name of children after the age of 10 at the post office; know about the benefits you get every month)

The MIS account can be opened at any post office. A minimum of Rs.1000 and a maximum of Rs.4.5 lakhs can be deposited in it. At present, the interest rate is 6.6 per cent. This account can be opened alone. In addition, three adult citizens can open a joint account. If the child is under 10 years of age, his / her parents can open this account on behalf of the child. The maturity of this scheme is 5 years. You can then close this account.

After depositing Rs 2 lakh, you will get Rs 1100 per month

If your child is ten years old and you have opened this account in his name, consider the benefit. If you deposit Rs 2 lakh in this account, you will get Rs 1100 as interest at the rate of 6.6 per cent per month. If you think of five years, you will get a total of Rs 66,000 from net interest. After that you will also get a refund of Rs 2 lakh. Normally any child will be in 5th class by the age of ten. In such a case Rs.1100 can be used for his education. This money can be used to pay tuition fees or other minor expenses. This will be of great help to parents.

.. So you will get 1925 rupees every month

If you deposit Rs 3.50 lakh in this account, you will get Rs 1925 per month. This will be a huge amount for children studying in private schools. This amount can easily cover school fees, tuition fees and other minor expenses. A maximum of Rs 4.50 lakh can be deposited in this scheme. On this maximum deposit you will get a maximum of Rs. 2475 per month. (Open this account in the name of children after the age of 10 at the post office; know about the benefits you get every month)

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