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What are the consequences of exit from a post office monthly income scheme (POMIS)?

April 26, 2017consequences income Office pomis Scheme

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What are the consequences of exit from a post office monthly income scheme (POMIS)?

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Exit after 1 year will entail a loss of 5 per cent of the amount invested. As a result, while the investor would not suffer any loss in interest earnings, the loss of principal can be high.