The investment limit for a minor is Rs 3 Lakh. Parents/Legal guardian can open account on behalf of their children if they are above 10 years of age.Hence NRIs are not eligible to open Post office MIS Account. The account holder should be 18 years or more and resident of India.12.9 ✅Can Post Office MIS be closed prematurely?Ĭalculating Post Office MIS monthly interest payout is pretty simple using the formula below:.12.8 ✅Can NRIs invest in Post Office MIS?.12.7 ✅Can you take loan against Post Office MIS?.12.6 ✅What is the interest rate on POMIS?.12.5 ✅Does Post Office MIS give any tax benefit?.12.4 ✅What is the maturity period for Post Office MIS?.12.3 ✅Is there investment limit for Post Office MIS?. 10 What Schemes you can Invest in Post Office?.7 Is there any extra advantages of post office MIS for senior citizens?.5 Eligibility for Post office MIS Account.4 Post Office MIS Plan – Rules & Features.
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