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What is a post office monthly income scheme?

The post office monthly income scheme (POMIS), as the name suggests, is a scheme that provides monthly income (currently at 8.40 per cent p.a) to investors.

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08 Apr 2013

The post office monthly income scheme (POMIS), as the name suggests, is a scheme that provides monthly income (currently at 8.4 per cent p.a) to investors. It offers the investors with an option to exit after the completion of 12 months from the investment date with a penalty.



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