While investing, everyone thinks about earning maximum profit. There are some schemes where you cannot earn as much profit alone as you can with the help of your wife. Post Office Monthly Income Scheme is also one such scheme. Through this scheme, you can get fixed income every month. But if you invest in it together with your wife, then you get a chance to earn more profit, along with this, your invested amount also remains completely safe. Through this scheme, husband and wife can earn up to ₹1,11,000 every year. Understand how.

POMIS is a deposit scheme, in which income is earned every month through interest. In this scheme, you get the facility to open both single and joint accounts. The deposit limit is low in a single account, while it is high in a joint account. Interest is earned on the deposited amount and the deposited amount is returned after 5 years. In such a situation, your deposit is also completely safe. If husband and wife invest in this scheme together, then they can invest more in a joint account and earn more on that amount.

In this scheme, you can deposit up to Rs 9 lakh in a single account and Rs 15 lakh in a joint account. Currently, this scheme gives interest at the rate of 7.4 percent. Let us tell you that apart from wife, you can open a joint account with brother or any family member. Since the joint income of husband and wife is a part of the same family, it is advisable to open an account with wife to get more benefit.

Currently, the Post Office Monthly Savings Scheme is giving an interest rate of 7.4%. If you deposit Rs 15 lakh in it along with your wife, then you will get an income of Rs 9,250 every month at the rate of 7.4% interest. 9,250 x 12 = Rs 1,11,000. In this way, you can earn Rs 1,11,000 every year and earn Rs 5,55,000 from home in 5 years.

If you open this account single, then you can deposit a maximum of Rs 9 lakh. In this case, you will get an interest of Rs 5,550 every month. In this way, you can get Rs 66,600 as interest in a year. 66,600x 5 = Rs 3,33,000, in this way, you can earn a total of Rs 3,33,000 through interest in 5 years through a single account.

The interest received on the deposit made in the account is paid every month in the savings account of the post office. Meanwhile, the deposit amount remains completely safe. After 5 years, you can withdraw your deposited amount. If you want to take advantage of the scheme further, then you can open a new account after maturity.

Any citizen of the country can open an account in the Post Office Monthly Income Scheme. An account can also be opened in the name of a child. If the child is less than 10 years old, then his parents or legal guardians can open an account in his name. When the child is 10 years old, he can also get the right to operate the account himself. Let us tell you, for MIS account, you should have a savings account in the post office. It is mandatory to provide Aadhar card, PAN card for ID proof.