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Monthly Income Scheme in Bank of India?

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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

  1. traveltokerala on Jan 17, 2013 reply


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  2. seema on Jan 17, 2013 reply

    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.

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  3. Monika on Jan 17, 2013 reply

    EPF is good

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