Is POMIS is the best and safest scheme

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Deal Cadet
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Hi Dimmers ,

looking at the current scenario where govt. FD interest is becoming less and less every year is " Post Office Monthly Income Scheme ( POMIS ) (Interest rate @ 6.6% ) " is the best option to invest for 5 yrs (for 5 Lk) , The monthly interest can be used again in RD (recurring deposit) (Interest rate @ 6%) double benefit.

OR

any other better safe option available without market risk (with Tax exemption)….

Missing