Everyone faces tough times. If you don't have money in hand during difficult times, you can't help but struggle. The breadwinner in a family saves some money. If you save this money at the post office, you can earn a good return. This post office scheme is great for couples.

Post's Monthly Income Scheme (MIS) is one of the best schemes for couples. This scheme is also supported by the central government, making it a safe investment. Once invested, you receive monthly interest, with a 7.4% interest rate. Therefore, this scheme is ideal for retired individuals, housewives, or those who rely on daily expenses.

Under this scheme, you can invest up to ₹9 lakh in an individual account. In a joint account, you can invest up to ₹15 lakh. This means that if a husband and wife invest ₹14 lakh together, they could earn up to ₹8,633 in interest per month at the current interest rate. This amount is received monthly. This allows you to use it to support your household expenses.

The tenure of the Monthly Income Scheme is 5 years. You can withdraw the principal amount invested after the term or maturity. This protects the capital and also provides you with monthly payments. However, to open an account under this scheme, you must have a savings account at the post office. If you don't have one, open one first. Only then can you invest in the MIS scheme.

PC: Saamtv