Invested in Post Office Monthly Income Scheme? Here's what happens to your monthly interest if you leave it unclaimed
Summary
Post Office MIS offers 7.4% annual interest, paid monthly. But what happens if you leave the payout unclaimed? The unwithdrawn interest earns no additional returns. Here's how investors can receive their payouts and what to know about taxation.
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Invested in Post Office Monthly Income Scheme? Here's what happens to your monthly interest if you leave it unclaimed
Post Office MIS offers 7.4% annual interest, paid monthly. But what happens if you leave the payout unclaimed? The unwithdrawn interest earns no additional returns. Here's how investors can receive their payouts and what to know about taxation.
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