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View Full Version : Can I open another PO MIS, jointly with my wife for 9 lacs?



manak_001
28-01-2013, 12:08 AM
I have invested 4.5 lacs in MIS in my name. Can I open another PO MIS, jointly with my wife for 9 lacs. Could you please clarify.

thanks,
manak

PolicyWala
02-02-2013, 02:05 AM
No. As per Rule :
" A depositor can open one or more than one POMIS account (subject to meet the condition that deposits in all accounts taken together shall not exceed rupees 4.5 lakh in single account and rupees 9 lakh in joint account)."

Rahul
13-02-2013, 09:55 PM
I have invested 4.5 lacs in MIS in my name. Can I open another PO MIS, jointly with my wife for 9 lacs. Could you please clarify.

thanks,
manak
You could open another PO - MIS, jointly with your wife, upto 4.5 lakh, so that total PO-MIS would remain 9 Lakh in your name.