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      <description>Deposits in the Post Office Monthly Income Account are payable by the post office on or after six years from opening with a 10% bonus upon production of the pass book and written application; later provisos provide no bonus for accounts opened on or after 13 February 2006, a 5% bonus for accounts opened on or after 8 December 2007 upon production of pass book/withdrawal form, and a five-year payout plus no bonus for deposits made on or after 1 December 2011. On death before maturity, the deposit may be refunded with interest to the month preceding refund.</description>
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