Business
Post Office MIS: Unclaimed Monthly Interest Rules Explained
The Post Office Monthly Income Scheme currently offers a 7.4% interest rate to investors. If account holders do not withdraw their monthly interest, the amount remains in the post office savings account without earning additional interest. It is important for investors to understand these payout rules to manage their monthly returns effectively.
Read news like this in 60 seconds
Short2News gives you the day's news as fast 60-word cards, in your own language.
- News in Telugu, Hindi, Tamil, Kannada and eight more languages
- Short summaries with the source on every story
- Read aloud, so you can listen hands-free
- Post from your area and earn rewards
More Top Stories
India Bans Lithium-Ion Battery Black Mass Exports
Silver Slumps 60% as BMO Predicts Record Supply Surplus by 2030
K-TRAK Collective Formed to Promote Sustainable Tourism in Kerala
Australian entrepreneur sues Adobe over $15,000 monthly website costs
Karnataka government pledges support for startups in Kalyana Karnataka region
Tripura techie faces Rs 90,000 training fee demand after resignation