Monthly Income Scheme in Bank of India?

by admin on January 17, 2013. Updated May 12, 2013

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Is there a monthly income scheme available with Banks. Recently the Bank interest rates have been hiked (up to 8.25 percent). I want a post office alternative and I am planning for a Monthly Income scheme in BANK OF INDIA. Is there something like a MIS in Bank of India? Please advise!


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{ 3 Answers… read them below or add one }

traveltokerala January 17, 2013 at 9:40 am



seema January 17, 2013 at 9:41 am

Yes, In fact MIS is available at every bank. You may think of MIS at Post Office as you will get 5% extra as bonus after completion of the scheme i.e. after six years from the account opening date.


Monika January 17, 2013 at 10:01 am

EPF is good


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