The Post Office Monthly Income Scheme, commonly known as POMIS or the Post Office MIS, is a government-backed small savings scheme designed for people who want a fixed monthly income from a lump-sum deposit. Under this scheme, we deposit a one-time amount in a post office account and receive monthly interest for a fixed tenure. The scheme is especially suitable for conservative investors, retired persons, homemakers, and families who prefer predictable income instead of market-linked uncertainty.
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