Even minors above 10 can open an account under post office monthly income scheme2 min read . Updated: 05 Jul 2021, 05:50 AM IST
You can close a POMIS account by submitting an application and the passbook at the post office with the account
As the government has kept interest rates on small savings schemes unchanged for the quarter ending 30 September, the five-year monthly income scheme will fetch an interest rate of 6.6% per annum, payable monthly.
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