{"id":955,"date":"2024-04-22T05:32:35","date_gmt":"2024-04-22T05:32:35","guid":{"rendered":"https:\/\/jamawealth.com\/askguru\/?p=955"},"modified":"2026-03-02T19:29:29","modified_gmt":"2026-03-02T19:29:29","slug":"what-is-the-maximum-limit-to-invest-in-mip-mis-plan-in-banks-can-i-invest-inr-5-cr-for-the-mip-plan","status":"publish","type":"post","link":"https:\/\/maxiomwealth.com\/askguru\/2024\/04\/22\/what-is-the-maximum-limit-to-invest-in-mip-mis-plan-in-banks-can-i-invest-inr-5-cr-for-the-mip-plan\/","title":{"rendered":"What is the maximum limit to invest in MIP\/MIS plan in banks? Can I invest INR-5 CR for the MIP plan?"},"content":{"rendered":"\n

Banks will accept such a large amount. If need be you can break it into multiple deposits. But the real question is, do you want to invest in such a Bank Income Fixed Deposit scheme and incur the huge taxes and lesser returns?<\/p>\n\n\n\n

A better investment strategy for you would be to leverage debt mutual funds in a staggered manner so that your withdrawals are highly tax efficient. This can be done through laddering and you may contact us for more information.<\/p>\n\n\n\n\n

\n

Maxiom Wealth \u2014 Free Tool<\/p>\n

Is Your Mutual Fund Working Hard Enough?<\/h3>\n

Two funds with similar star ratings can deliver very different outcomes. Use our fund comparison tool to check if you’re in the right scheme for your risk profile and investment horizon.<\/p>\n Compare Funds \u2192<\/a>\n Talk to a Financial Advisor<\/a>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"

Banks will accept such a large amount. If need be you can break it into multiple deposits. But the real question is, do you want to invest in such a Bank Income Fixed Deposit scheme and incur the huge taxes and lesser returns? A better investment strategy for you would be to leverage debt mutual… Read More »What is the maximum limit to invest in MIP\/MIS plan in banks? Can I invest INR-5 CR for the MIP plan?<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[190,26],"tags":[],"class_list":["post-955","post","type-post","status-publish","format-standard","hentry","category-income-generation-investments","category-investments"],"_links":{"self":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/955","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/comments?post=955"}],"version-history":[{"count":1,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/955\/revisions"}],"predecessor-version":[{"id":3742,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/955\/revisions\/3742"}],"wp:attachment":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/media?parent=955"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/categories?post=955"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/tags?post=955"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}