Need A Financial Product Forums Trading/Investments Which MIS I should choose ? SBI or post office

This topic contains 1 reply, has 2 voices, and was last updated by  Aadish Shah 2 years, 9 months ago.

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  • #48262

    Aadish Shah
    Member

    I want to invest Rs. 10 lakhs in monthly income scheme. Actually I am in need of regular monthly income. I am confused between SBI and post office. Which will be the right option? Is there any other good option available with banks?

    #48263

    Sagar Jain
    Member

    Post office has a restriction of maximum investment of Rs. 6 lakhs on the name of one person. Banks are free from this restriction. Moreover, banks offer ease of operation and good rate of interest. My personal vote goes for MIS with banks.

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