Premature withdrawal from post office Monthly Income Scheme (MIS) accounts can have certain penalties and rules. The MIS account is a popular investment option for individuals looking for a fixed monthly income. However, circumstances may arise when one needs to withdraw the money before the maturity period. In such cases, specific penalties and rules apply. This article provides an overview of the penalties and rules involved in premature withdrawal from MIS accounts. To read more about it, click on the ‘Read More’ button below.