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  Introduction to SBI MIS Scheme   What is the SBI Monthly Income Scheme (MIS)? The SBI Monthly Income Scheme (MIS) is a fixed deposit plan offered by the State Bank of India, specifically designed for individuals seeking a regular monthly income. Unlike typical fixed deposits where interest is paid at maturity, this scheme ensures a steady flow of interest income every month, making it ideal for retirees, senior citizens, or conservative investors who prefer financial stability over high-risk returns. Under this scheme, you deposit a lump sum for a fixed tenure , and in return, SBI pays you the interest earned every month directly to your savings account. At the end of the tenure, the principal amount is returned, making it both safe and predictable. While the capital stays intact during the term, your investment earns you consistent monthly earnings — without having to worry about market fluctuations or economic volatility. This scheme is part of SBI’s term deposit...

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...