ONCE YOU LOGIN AT INDIA POST OFFICE INTERNET BANKING USING MOBILE/LAPTOP
AFTER CLICKING MIS ACCOUNT AND OBTAINING FOLLOWING ERROR:
System unavailable. Please check the transaction/account status in mini statement before retrying this operation.
AS OF NOW, DO NOT OPEN MIS ONLINE.
TRY OPENING MIS ONLINE AFTER 03 OR 04 HOURS TO WAIT FOR THE MIS COMPUTER SYSTEM TO BE UP.

COMPARE MIS POST OFFICE INTEREST(LOCKED FOR 05 YEARS) AND SBI ETDR INTEREST(01 YEAR 0 MONTH)
EXAMPLE AT: PRINCIPAL INTEREST PER YEAR INTEREST FOR 05 YEARS RATE OF INTEREST PER YEAR ON TAXABLE IF TOTAL INTEREST GREATER THAN 15000.00 INR
POST OFFICE 3000.00 19.00*08 + 18.00 * 04 = 224.00 19.00*08 + 18.00 * 04 * 05 = 1120.00 7.4% Fri 24-Nov-2023 NO
POST OFFICE 40000.00 257.00*08 + 256.00 * 04 = 3080.00
7.7% Mon 22-Apr-2019 NO
POST OFFICE 85000.00 457.00*06 + 458.00 * 06 = 5610.00
6.6% Sat 14-Aug-2021 NO
SBI 3000.00 17.00*12 = 204.00
6.8% Fri 24-Nov-2023 YES USING AUTOMATION AT SBI
Assume that I am opening 9000.00 MIS
56.00*12 = 672.00 INTEREST DURING FIRST YEAR. AFTER 01 YEAR 06 MONTHS INTEREST = 1008.00
I OPEN MIS 1000.00 USING THIS INTEREST.
AFTER 01 YEAR 07 MONTHS MY INTEREST = 56.00 + 06.00 INTEREST PER MONTH
TOTALLY AFTER 03 YEARS 00 MONTHS MY INTEREST = 1054.00(USING SECOND INTEREST)
I OPEN NEW MIS 1000.00 AGAIN
AFTER 03 YEARS ONE 03 MONTHS MY INTEREST = 56.00 + 06.00 + 06.00 = 68.00 INTEREST PER MONTH
TOTALLY AFTER 04 YEARS 03 MONTHS MONTHS MY INTEREST = 1020.00(USING THIRD INTEREST)
I OPEN NEW MIS 1000.00 AGAIN
AFTER 04 YEARS 04 MONTHS MONTHS MY INTEREST = 56.00 + 06.00 + 06.00 + 06.00 = 80.00 PER MONTH
AFTER 05 YEARS APPROXIMATE INTEREST DURING LAST YEAR = 720.00
SAVED AMOUNT:
9000.00(MIS01)+1000.00(MIS02)+1000.00(MIS03)+1000.00(MIS04) = 12000.00 + 720.00(INTEREST) = 12720.00
IF WE OPEN NSC FOR SAME 9000.00 INTEREST = 4445.00
HOWEVER IF WE FOLLOW SIMILAR WAY WE CAN WITHDRAW/PRE-CLOSE MIS AFTER ONE YEAR OR INVEST INTEREST AT RECURRING DEPOSIT.
ALWAYS OPEN NSC/MIS/TD/SSA/... USING INTERNET BANKING INSTEAD OF TRAVELLING TO POST OFFICE
DATE/TIME(APPROXIMATELY) MY ACTION AT POST OFFICE RESPONSE FROM AT GOVERNMENT POST OFFICE.
Sat 12-Aug-2023 09:00 AM ALWAYS DHARMAPURI M.I.S/CASH_DEPOSIT EMPLOYEE USED TO START THE WORK AFTER 09:30 AM ONLY. ARRIVE THIS POST OFFICE ON Mon 14-Aug-2023 IST TO OPEN MIS AT YOUR JOINT ACCOUNT
Mon 14-Aug-2023 09:00 AM I WENT TO POST OFFICE USING MY MOTHER TO OPEN JOINT ACCOUNT
EVEN THOUGH I AM HAVING MY POST OFFICE ACCOUNT AT BANGALORE.
COME AND COLLECT YOUR PASSBOKK DURING EVENING TIME AROUND 04:00 PM IST.
Wed 14-Sep-2023 09:00 AM I NEED TO GO TO DHARMAPURI POST OFFICE ONLY TO WITHDRAW MY M.I.S INTEREST.
HENCE I DECIDED TO COLLECT MY M.I.S INTEREST AT DHAMAPURI 03 MONTHS ONCE.
YOU CAN COLLECT INTEREST AT DHARMAPURI POST OFFICE ONLY

YOUR BANGALORE POST OFFICE IS NOT HAVING YOUR VALID PAN CARD
USAGE OF INDIAN POST OFFICE AT RAJAJINAGAR HEAD OFFICE MAGADI ROAD (BANGALORE KARNATAKA INDIA)
Mon 18-Sep-2023
THESE EMPLOYEES USED TO START THE WORK EXACTLY AROUND 09:00 AM
MY POST OFFICE ACCOUNT NOT HAVING MY VALID PAN CARD NUMBER OVER THE YEARS(ACCOUNT OPENED TIME WAS Sat 21-Nov-2015 IST)
YES I HAVE UPDATED NOW.
THEY HAVE UPDATED MY VALID PAN CARD ON Mon 18-Sep-2023 WHICH WAS HAVING INVALID PAN FROM Sat 21-Nov-2015 IST
USAGE OF INDIAN POST OFFICE AT ATTIBELE URBAN NEAR ATTIBELE BUS STOP (BANGALORE KARNATAKA INDIA)
DATE/TIME(APPROXIMATELY) MY ACTION AT POST OFFICE RESPONSE FROM AT GOVERNMENT POST OFFICE.
Sat 09-Oct-2023 09:00 AM I HAVE SUBMTITED MIS FORM. COME AND COLLECT MIS PASSBOOK ON Mon 09-Oct-2023
Mon 09-Oct-2023 09:00 AM CAN I GET MY MIS PASSBOOK?
THEY HAVE STABLED MY RUPEES 500.00*6 INR(INDIAN RUPEES) using stapler pin
YOU HAVE NOT FILLED NOMINEE IN YOUR FORM.
CAN YOU VALIDATE MY FORM?
WHEN CAN I COLLECT MY PASSBOOK?
WE WILL VALIDATE IT
COME AND COLLECT ON Tue 10-Oct-2023 IST
Tue 10-Oct-2023 09:00 AM CAN I GET MY MIS PASSBOOK? YOU HAVE NOT FILLED NOMINEE IN YOUR FORM.
USING ONLINE OR MOBILE APPLICATION, WE CANNOT OPEN MIS AT INDIAN POST OFFICE.
IT IS BETTER TO TAKE A PRINT OUT AT HOME
FILL THE M.I.S/N.S.C/WITHDRAWAL/ANY FORMS INCLUDING RELATED/MISSED ITEMS BY USING HELP FROM ONE OF YOUR FAMILY MATES/CLOSE FRIENDS.
ASSUME THAT YOU ARE HAVING TWO LAKH FOUR THOUSAND RUPEES(INR).
USE HALF OF THIS AMOUNT FOR YOUR SPENDING MEDICINES/DONATION/HELPING OTHERS/... USING SBI FIXED DEPOSIT
USE REMAINING HALF OF THAT AMOUNT BY OPENING MIS USING FOLLOWING WAY:
PRINCIPAL INTEREST PER MONTH INT/YEAR January alone PRINCIPAL AT MY ACCOUNT PRINCIPAL AT MUM'S ACCOUNT TOTAL PRINCIPAL INTEREST PER MONTH INT/YEAR TOTAL INT/YEAR
102000.00 629.00 7548.00 DD: 01 3000.00 3000.00 6000.00 = 3000.00 * 2 19.00(MINE)+19.00(MUM'S) 228.00+228.00 456.00
DD: 02 3000.00 3000.00 12000.00 = 3000.00 * 4 19.00(MINE)+19.00(MUM'S) 228.00+228.00 912.00
...
DD: 17
...
3000.00
...
3000.00
...
102000.00 = 3000.00 * 17 * 2
...
19.00(MINE)+19.00(MUM'S)
...
228.00+228.00
...
7752.00
TO KNOW M.I.S CURRENT INTEREST RATE AT INDIAN POST OFFICE: Open following url:
https://www.indiapost.gov.in/Financial/pages/content/post-office-saving-schemes.aspx
Click National Savings Monthly Income Account(MIS)
We need to use same application form to open any of the following accounts at post office:
01. SAVINGS
02. RECURRNG DEPOSIT_RD
03. TERM DEPOSIT_TD
04. NATIONAL SAVINGS MONTHLY INCOME ACCOUNT_MIS
05. Senior Citizen Savings Scheme_SCSS
06. KISAN VIKAS PATRA_KVP
07. NATIONAL SAVINGS CERTIFICATE_NSC
https://www.indiapost.gov.in/VAS/DOP_PDFFiles/form/Accountopening.pdf
All forms are available at: https://www.indiapost.gov.in/VAS/Pages/Form.aspx#SavingBank
M.I.S => MONTHLY INCOME SCHEME.
WE CAN DEPOSIT ONLY ONCE OR MORE TIMES AT INDIAN POST OFFICE TO GET INTEREST EACH MONTH AT DEPOSITED AMOUNT FOR FIVE YEARS.
WE CANNOT WITHDRAW THAT DEPOSITED AMOUNT FOR FIVE YEARS.
MAXIMUM AMOUNT ALLOWED AT INDIAN POST OFFICE TO OPEN M.I.S IS 900000.00 INR. IF YOU ARE HAVING MORE THAN 900000.00
YOU CAN OPEN M.I.S AT INDIAN POST OFFICE FOR:
YOUR GRAND MOTHER'S ACCOUNT YOUR GRAND FATHER'S ACCOUNT YOUR MUM'S ACCOUNT YOUR FATHER'S ACCOUNT YOUR ELDER SISTER'S ACCOUNT YOUR YOUNGER SISTER'S ACCOUNT
YOUR ELDER BROTHER'S ACCOUNT YOUR YOUNGER BROTHER'S ACCOUNT YOUR DAUGHTER'S ACCOUNT YOUR SON'S ACCOUNT YOUR HUSBAND'S/WIFE'S ACCOUNT YOUR ACCOUNT
M.I.S PRINCIPAL NEEDS TO BE MULTIPLES OF 1000.00 INR. ASSUME THAT YOU ARE OPENING M.I.S USING 21000.00 INR AS PRINCIPAL INSTEAD OF USING 20000.00 INR.
INTEREST = (21000.00 * 7.4 * 1) / 1200 = 129.50 = ROUND(129.50) = 130.00. IF YOU OPEN M.I.S USING 20000.00 INR AS PRINCIPAL. INTEREST = (20000.00 * 7.4 * 1) / 1200 = 123.33 = ROUND(123.33) = 123.00
                                                                       129.50 rounded off to 130 since 0.50 rounded off to 1 rupee                                                                                                               123.33 rounded off to 123.00 0.33 rounded off to zero rupees.
a. HENCE IT IS BETTER TO OPEN M.I.S USING 21000.00 INR AS PRINCIPAL INSTEAD OF USING 20000.00 INR. ALSO BETTER OPEN M.I.S AT INDIAN POST OFFICE USING NET BANKING ONLINE.
b. IF YOU HAVE TAKEN 03 COVID VACCINES, DO NOT TRANSFER MONEY FROM BANK TO IPPB, TRAVEL TO POST OFFICE AND DEPOSIT THERE. ELSE TRANSFER MONEY FROM BANK TO IPPB, TRANSFER THAT MONEY FROM IPPB TO POST OFFICE.
20000.00 DO NOT USE THIS PRINCIPAL. 123.00 Jan Feb Apr May Jul Aug Oct Nov Dec 21000.00 130.00 Jan Feb Apr May Jul Aug Oct Nov Dec
122.00 Mar Jun Sep 129.00 Mar Jun Sep
Assume that I am opening one MIS (3000.00 INR) every day during Jan-2024 from Mon 01-Jan-2024 to 31-Jan-2024
19.00 INTEREST ON Thu 01-Feb-2024
19.00 INTEREST ON Fri 02-Feb-2024
19.00 INTEREST ON Sat 03-Feb-2024Receive 19.00 INTEREST FOR Sun 04-Feb-2024 ON Sat 03-Feb-2024 SINCE NEXT DAY IS SUNDAY
 
19.00 INTEREST ON Mon 05-Feb-2024
19.00 INTEREST ON Tue 06-Feb-2024
19.00 INTEREST ON Wed 07-Feb-2024
19.00 INTEREST ON Thu 08-Feb-2024
19.00 INTEREST ON Fri 09-Feb-2024
19.00 INTEREST ON Sat 10-Feb-2024Receive 19.00 INTEREST FOR Sun 11-Feb-2024 ON Sat 10-Feb-2024 SINCE NEXT DAY IS SUNDAY
 
19.00 INTEREST ON Mon 12-Feb-2024
19.00 INTEREST ON Tue 13-Feb-2024
19.00 INTEREST ON Wed 14-Feb-2024
19.00 INTEREST ON Thu 15-Feb-2024
19.00 INTEREST ON Fri 16-Feb-2024
19.00 INTEREST ON Sat 17-Feb-2024Receive 19.00 INTEREST FOR Sun 18-Feb-2024 ON Sat 17-Feb-2024 SINCE NEXT DAY IS SUNDAY
 
19.00 INTEREST ON Mon 19-Feb-2024
19.00 INTEREST ON Tue 20-Feb-2024
19.00 INTEREST ON Wed 21-Feb-2024
19.00 INTEREST ON Thu 22-Feb-2024
19.00 INTEREST ON Fri 23-Feb-2024
19.00 INTEREST ON Sat 24-Feb-2024Receive 19.00 INTEREST FOR Sun 25-Feb-2024 ON Sat 24-Feb-2024 SINCE NEXT DAY IS SUNDAY
 
19.00 INTEREST ON Mon 26-Feb-2024
19.00 INTEREST ON Tue 27-Feb-2024
19.00 INTEREST ON Wed 28-Feb-2024
19.00 AND 19.00 INTEREST ON Thu 29-Feb-2024Receive 19.00 INTEREST FOR 30-Jan-2024 and 31-Jan-2024 ON Thu 29-Feb-2024 SINCE NO 30/31 during Feb.
LIKE THE SAME
a) DURING EACH MONTH HAVING 30 DAYS BY END OF THOSE MONTHS I WILL GET 19.00 AND 19.00 TWICE DURING 30TH DAY OF
Apr/Jun/Sep/Nov months.
b) DURING EACH SATURDAY'S I USED TO RECEIVE ON EACH SATURDAY'S SINCE SUNDAY BEING HOLIDAY'S FOR COMPUTERS AND GOVERNMENT EMPLOYEES.
ASSUME THAT I HAVE OPENED 3000.00 MIS AT EACH DAY DURING Jan-2024 from first till last date of Jan-2024
During Feb-2024 MY TOTAL INTEREST = 19.00 * 31 = 589.00 BY END OF Feb-2024
APPROXIMATELY AFTER 06 MONTHS MY TOTAL INTEREST = 18 * 31 * 6 = 3534.00
I CAN OPEN MIS AGAIN USING 3000.00 AFTER 06 MONTHS TO INCREASE MY (INCOME TAX FREE) INCOMINGS.
#TOP
CONSIDER FOLLOWING PERSON (MY REQUEST NOT TO THINK ABOUT NARENDRA MODI):
NM(N MURUGESAN) OPENING ONE MIS 900000 ONE TIME AND NM WILL GET TOTAL MIS INTEREST OF 61050.00 DURING FIRST YEAR(11 MONTHS)
AND 66600.00 AT FORTH COMING YEARS.
A TOTAL OF 61050.00 + 66600.00*4 = 327450.00 FOR FIVE YEARS.
THE MIS INTEREST FOR 5000.00 INR during 2024 being 7.4% INTEREST PER MONTH WAS 30.83
DURING 2024 MIS INTEREST CURRENT MONTH MIS INTEREST +
PREV INTEREST PAISE
RECEIVING MIS INTEREST DURING 2025 MIS INTEREST CURRENT MONTH MIS INTEREST +
PREV INTEREST PAISE
RECEIVING MIS INTEREST
01st MONTH 0.00 0.00 0.00 01st MONTH 30.83 30.83 + 0.13 = 30.96 30.00
02nd MONTH 30.83 30.83 + 0.00 = 30.83 30.00 02nd MONTH 30.83 30.83 + 0.96 = 31.79 31.00
03rd MONTH 30.83 30.83 + 0.83 = 31.66 31.00 03rd MONTH 30.83 30.83 + 0.79 = 31.62 31.00
04th MONTH 30.83 30.83 + 0.66 = 31.49 31.00 04th MONTH 30.83 30.83 + 0.62 = 31.45 31.00
05th MONTH 30.83 30.83 + 0.49 = 31.32 31.00 05th MONTH 30.83 30.83 + 0.45 = 31.28 31.00
06th MONTH 30.83 30.83 + 0.32 = 31.15 31.00 06th MONTH 30.83 30.83 + 0.28 = 31.11 31.00
07th MONTH 30.83 30.83 + 0.15 = 30.98 30.00 07th MONTH 30.83 30.83 + 0.11 = 30.94 30.00
08th MONTH 30.83 30.83 + 0.98 = 31.81 31.00 08th MONTH 30.83 30.83 + 0.94 = 31.77 31.00
09th MONTH 30.83 30.83 + 0.81 = 31.64 31.00 09th MONTH 30.83 30.83 + 0.77 = 31.60 31.00
10th MONTH 30.83 30.83 + 0.64 = 31.47 31.00 10th MONTH 30.83 30.83 + 0.60 = 31.43 31.00
11th MONTH 30.83 30.83 + 0.47 = 31.30 31.00 11th MONTH 30.83 30.83 + 0.43 = 31.26 31.00
12TH MONTH 30.83 30.83 + 0.30 = 31.13 31.00 12th MONTH 30.83 30.83 + 0.26 = 31.09 31.00
TOTAL INTEREST ON USING 5000.00 INR PRINCIPAL FOR FIVE YEARS
7 times = 5000.00 * 7 = 35000.00
PRINCIPAL NEEDS TO BE MULTIPLES OF 1000.00 INR
TOTAL INTEREST ON USING 35000.00 INR PRINCIPAL FOR FIVE YEARS:
FIRST_YEAR SECOND_YEAR THIRD_YEAR FOURTH_YEAR FIFTH_YEAR TOTAL FIRST_YEAR SECOND_YEAR THIRD_YEAR FOURTH_YEAR FIFTH_YEAR TOTAL
31 * 9 + 30 * 2 31 * 10 + 30 * 2 31 * 10 + 30 * 2 31 * 10 + 30 * 2 31 * 10 + 30 * 2 216.00 * 9 + 215.00 * 2 216.00 * 10 + 215.00 * 2 216.00 * 10 + 215.00 * 2 216.00 * 10 + 215.00 * 2 216.00 * 10 + 215.00 * 2
279.00 + 60.00 310.00 + 60.00 310.00 + 60.00 310.00 + 60.00 310.00 + 60.00 1944.00 + 430.00 310.00 + 60.00 310.00 + 60.00 310.00 + 60.00 310.00 + 60.00
339.00 370.00 370.00 370.00 370.00 1819.00 2374.00 2590.00 2590.00 2590.00 2590.00 12734.00
339.00*7 times
of 5000.00 PRINCIPAL
370.00*7 times 370.00*7 times 370.00*7 times 370.00*7 times
2373.00 2590.00 2590.00 2590.00 2590.00 12733.00
ASSUME THAT YOU ARE HAVING TWO MOBILES.
MOBILE01 USING IPPB
YOU ARE REGISTERING IPPB MOBILE APP USING MOBILE02.
ERROR AT MOBILE02:
IPPB AREADY REGISTERED AT OTHER MOBILE.
STEPS TO RESOLVE:

01)
OPEN MOBILE01
CLICK FORGOT PIN AT MOBILE01.
OPEN MOBILE02
REGISTER AGAIN USING MOBILE02.

02)
IF ABOVE STEP NOT WORKING:
OPEN MOBILE01
CLICK FORGOT PIN AT MOBILE01.
UNINSTALL IPPB MOBILE APP AT MOBILE01.
UNINSTALL AND RE-INSTALL IPPB MOBILE APP AT MOBILE02.
REGISTER AGAIN USING MOBILE02.
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