1 / 10Monthly Income Scheme : Monthly Income Plan Scheme guarantees regular monthly income to investors without any risk. These schemes are very useful for senior citizens and retirees. Because these schemes give them an opportunity to earn regularly.2 / 10In this scheme you get interest money as earnings on the due date of every month. Here we tell you about post office monthly plan and SBI monthly plan, what are the advantages and disadvantages of both.3 / 10SBI's Annuity Deposit Scheme (Deposit Schemes) is one of the most exclusive deposit schemes of the bank. Under SBI's scheme, customers have to deposit all the money at once. After a few months, the bank pays you every month. Interest rate on bank principal only4 / 10Annuity Deposit Scheme has a different investment time limit. You can invest for 36 months, 60 months, 84 months and 120 months. There is no maximum investment limit in SBI's scheme.5 / 10But if you want to invest in this scheme (Annuity Deposit Scheme) you have to invest at least 1 thousand rupees. After opening an account under this scheme, customers get a Universal Passbook. People below 18 years can also invest in this scheme.6 / 10In SBI's scheme, if an investor wants to earn a monthly income of Rs 10 thousand per month, they have to invest around Rs 5 lakh. In this you get interest at the rate of 5.45 percent to 5.50 percent. Senior citizens get 5.95 percent to 6.30 percent interest. 7 / 10Post Office Monthly Income Scheme (POMIS) is a government small savings scheme. In this, the investor gets a fixed amount every month. There will be no risk in the post office scheme. Let's see how much interest is earned in this scheme.8 / 10Under the scheme, money is deposited in a single or joint account. After the annual interest is accrued, the amount is transferred to the account every month. The lock-in period of this scheme is 5 years. Then it can be extended by another 5 years. Death of account holder before maturity 9 / 10Monthly Income Scheme of Post Office is getting 6.6 percent annual interest. If an investor invests Rs 9 lakh in a joint account in this, he will get Rs 59,400 at 6.6 per cent. In this sense, your monthly interest amount comes to Rs.4,950.10 / 10Single or joint account can be opened under Post Office Monthly Income Scheme. In this you can invest a maximum of Rs 4.5 lakh for a single account and a maximum of Rs 9 lakh for a joint account. Any Indian citizen can invest in this post office scheme.