Square Insurance

If you're looking for a secure and regular source of income from your savings, the SBI MIS Scheme (Monthly Income Scheme) is something worth considering. Many people, especially retirees or those with a low-risk appetite, prefer stable returns over risky investments. The SBI MIS Scheme enables you to invest a lump sum and generate a fixed monthly income. As someone with experience in financial planning, I’ve explored this scheme in detail, and in this blog, I will break it down for you in the simplest way possible. Whether you're planning for post-retirement income or want a safe investment for your idle money, this guide will help you understand everything about the SBI MIS Scheme . What is the SBI MIS Scheme? The SBI Monthly Income Scheme (MIS) is a fixed deposit plan that offers monthly interest payouts to the investor. It is suitable for individuals who want a regular income instead of allowing the interest to accumulate. The main advantage of this scheme is that i...