POMIS Calculator India 2025
Post Office Monthly Income Scheme | 7.4% p.a. | Monthly Payouts | 5-Year Tenure
Min: ₹1,000 | Max: ₹9,00,000
Current: 7.4% p.a.
💡 Quick Amounts
Guaranteed Monthly Income
₹5,550
✓ 60 Monthly Payouts
📅 Year-wise Monthly Income Breakdown
| Year | Monthly Income | Annual Income | Cumulative |
|---|
💼 6 Real Indian POMIS Stories
👴 Retired Teacher
Mr. Sharma, 63 – Delhi
Retired with small pension
Investment: ₹9,00,000 (Single)
Rate: 7.4% | 5 years
Monthly: ₹5,550
Annual: ₹66,600
Total: ₹12,33,000
👵 Widow
Mrs. Patel, 68 – Mumbai
Living on family pension
Investment: ₹5,00,000
Rate: 7.4% | 5 years
Monthly: ₹3,083
Annual: ₹37,000
Covers utilities
👨👩👧 Elderly Couple
Kumar Family – Chennai
Both retired, joint account
Investment: ₹15,00,000 (Joint)
Rate: 7.4% | 5 years
Monthly: ₹9,250
Annual: ₹1,11,000
Total: ₹20,55,000
👨🦳 Ex-Banker
Mr. Gupta, 65 – Bangalore
Good pension, needs extra
Investment: ₹7,00,000
Rate: 7.4% | 5 years
Monthly: ₹4,317
Annual: ₹51,800
Medical expenses
👵 Single Woman
Ms. Rao, 60 – Pune
Never married, living alone
Investment: ₹3,00,000
Rate: 7.4% | 5 years
Monthly: ₹1,850
Annual: ₹22,200
Grocery money
👴 Farmer
Mr. Singh, 62 – Punjab
Sold land, retired
Investment: ₹9,00,000
Rate: 7.4% | 5 years
Monthly: ₹5,550
Annual: ₹66,600
Safe income
⚖️ POMIS vs SCSS vs FD vs NSC
| Feature | POMIS | SCSS | FD | NSC |
|---|---|---|---|---|
| Interest Rate | 7.4% | 8.2% ✓ | 7.0-7.5% | 7.7% |
| Payout | Monthly ✓ | Quarterly | Maturity | Maturity |
| Max Investment | ₹15L (joint) | ₹30L ✓ | No limit | No limit |
| Age Requirement | Anyone ✓ | 60+ only | Anyone ✓ | Anyone ✓ |
| Tenure | 5 years | 5 years | Flexible ✓ | 5 years |
| Premature Withdrawal | After 1 yr ✓ | After 1 yr | Anytime ✓ | Not allowed |
🔧 How POMIS Works (Complete Guide)
📐 POMIS Formula
Monthly Income = (Principal × Rate) ÷ 12
Example: ₹9,00,000 at 7.4%
= (9,00,000 × 0.074) ÷ 12
= 66,600 ÷ 12 = ₹5,550/month
📋 Step-by-Step:
- Open account at Post Office with ₹1,000 minimum
- Choose Single (₹9L max) or Joint (₹15L max)
- Interest rate fixed for 5 years at 7.4%
- Monthly income paid automatically to savings
- Principal returned after 5 years
💡 Key Facts:
- ✓ Interest paid monthly, not reinvested
- ✓ No compounding – simple interest only
- ✓ TDS if annual interest >₹40,000
- ✓ Premature withdrawal after 1 year (penalty)
- ✓ Can be used as loan collateral
❓ 15 Most Asked POMIS Questions
1. Current POMIS rate?
7.4% p.a. for Q2 FY 2025-26, paid monthly. Unchanged since April 2023.
2. Max investment?
Single: ₹9L. Joint (up to 3): ₹15L. Min: ₹1,000.
3. Is interest taxable?
Yes. TDS if >₹40,000/year. Principal gets 80C deduction.
4. Who can invest?
Indian residents, minors via guardian. Not for NRIs.
5. Premature withdrawal?
After 1 year. Penalty: 2% (before 3y), 1% (after 3y).
6. When is income paid?
Monthly, credited to linked savings account automatically.
7. Can extend after 5 years?
Yes, for another 5 years at prevailing rate.
8. POMIS vs SCSS?
POMIS: Monthly, anyone. SCSS: Quarterly, 60+ only, higher rate.
9. Multiple accounts?
Yes, but total cannot exceed ₹9L (single) or ₹15L (joint).
10. Documents needed?
Aadhaar, PAN, address proof, photos, initial deposit.
11. Can take loan?
Can be pledged as collateral for bank loans.
12. Joint account rules?
Up to 3 adults. Max ₹15L total. Either/all can operate.
13. Transfer to another PO?
Yes, free transfer to any post office in India.
14. What if I miss payment?
No payments required – you just receive monthly income.
15. Best for whom?
Retirees, widows, pensioners needing regular monthly income.