Max: ₹9,00,000
₹1,000₹4,50,000₹9,00,000
INTEREST RATE
7.4% p.a.
TENURE
5 Years

Guaranteed Monthly Income

₹5,550

Credited every month • Government Backed

Total Investment₹9,00,000
Total Interest (5 Years)+₹3,33,000
Maturity Amount₹9,00,000

Premature Closure Penalty

Choose the year you want to close the account

No Penalty at Maturity — Full principal returned.
SCSS CalculatorPost Office RD Calculator

What is POMIS?

The Post Office Monthly Income Scheme (POMIS) is a safe, government-backed savings scheme that provides a guaranteed monthly income. It is ideal for senior citizens, retirees, and conservative investors who want steady cash flow without market risk.

Key Features & Benefits

  • Interest Rate: Currently 7.4% p.a., paid monthly.
  • Investment Limits: ₹9 Lakhs for single account, ₹15 Lakhs for joint account (up to 3 adults).
  • Tenure: Fixed 5-year lock-in period.
  • Capital Safety: 100% guaranteed by the Government of India.
  • Taxation: Interest is fully taxable as “Income from Other Sources”. No TDS by Post Office.
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POMIS Income Matrix (at 7.4%)

InvestmentMonthly IncomeTotal Interest (5 Years)
₹1,00,000₹617₹37,000
₹5,00,000₹3,083₹1,85,000
₹9,00,000 (Max Single)₹5,550₹3,33,000
₹15,00,000 (Max Joint)₹9,250₹5,55,000
Frequently Asked Questions

Any resident Indian adult can open a POMIS account. Minors above 10 years can operate it themselves. NRIs and HUFs are not eligible.

Fincado Research Team

Fact Checked

Written and verified by ex-bankers, Chartered Accountants & RBI experts with 12+ years of experience. Every rate and fee is cross-checked against real borrower approvals and official lender disclosures.

Disclaimer: Fincado provides financial calculators and educational content for informational purposes only. We are not SEBI registered investment advisors. Always consult a certified financial planner before making any loan or investment decision.

Last Reviewed: Apr 2026
Methodology: Data-Driven
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