Monthly Income scheme vs RD: What’s the difference?
A Safe and Stable Investment Option The Monthly Income Scheme (MIS) is one of the various post office savings schemes in India. The profile is designed mainly for individuals seeking a low-risk, safe and stable monthly income. It is a kind of saving account from the Post Office, which offers a guaranteed return on the investment. It is popular among retirees and risk-averse investors who are interested in saving a part of their hard-earned money yet earning a constant income from this scheme. Key Features […]