POMIS Calculator
Calculate monthly income from Post Office Monthly Income Scheme (POMIS). 7.4% p.a. for Q1 FY27, max ₹9L single / ₹15L joint, lock-in 5 years. Free, no sign-up.
Details
Result
Monthly Income
₹5,550
Annual Income
₹66,600
Total Interest (5 yrs)
₹3,33,000
Eligible Amount
₹9,00,000
Cap
₹9,00,000
Principal at Maturity
₹9,00,000
For estimation only. Not professional financial, tax, or legal advice. Consult a qualified advisor before making decisions. Full disclaimer.
What is POMIS?
POMIS (Post Office Monthly Income Scheme) is a government-backed fixed-income scheme. You deposit a lump sum at any India Post branch; the post office pays you fixed monthly interest credited to your savings account. At the end of 5 years, you get back the original principal.
2026 numbers (Q1 FY27, unchanged)
- Interest rate: 7.4% per year (paid monthly)
- Lock-in: 5 years
- Max investment: ₹9 lakh (single) / ₹15 lakh (joint, max 3 holders)
- Min investment: ₹1,000, multiples of ₹1,000
- Account types: Single, joint (2-3), minor (operated by guardian till 18)
Monthly income at full investment
- ₹9 lakh single: ₹5,550/month
- ₹15 lakh joint: ₹9,250/month
- ₹5 lakh: ₹3,083/month
- ₹3 lakh: ₹1,850/month
Tax treatment
- Interest is fully taxable at your slab rate. No exemption.
- No TDS at source — you must declare in ITR.
- No Section 80C benefit on POMIS investment (unlike PPF, NSC, ELSS).
- Monthly interest is credited to your linked savings account.
Premature withdrawal penalty
- Year 1: Not allowed.
- Years 1-3: 2% deduction on principal.
- Years 3-5: 1% deduction on principal.
- Year 5+: Full principal returned.
POMIS vs other fixed-income options
- POMIS (7.4%): Govt-guaranteed, monthly income, taxable. Best for retirees needing cash flow.
- SCSS (8.2%) for 60+: Higher rate, ₹30L cap (joint), quarterly interest, Section 80C deduction. Use SCSS calculator.
- PPF (7.1%): Tax-free interest + 80C deduction, but 15-year lock-in. PPF calculator.
- SBI/HDFC FD (6.5-7.25%): Lower rate but more flexible, partial withdrawal possible.
- RBI Floating Rate Bond (~8.05%): Higher current rate but tied to NSC, 7-year lock-in, taxable.
Best for:
- Senior citizens needing predictable monthly income alongside pension/SCSS.
- Conservative investors who don't want market exposure.
- People with lump-sum windfall (retirement payout, property sale, inheritance) and no immediate need.
- Joint accounts for spouses pooling retirement savings.
Not best for:
- Those in 30%+ tax slab — taxable interest cuts effective return to ~5%.
- Young investors with 10+ year horizon — equities/MFs likely outperform.
- Those needing liquidity — premature exit costs 1-2% of principal.
Related: SCSS calculator, PPF calculator, FD calculator, NSC calculator, Sukanya Samriddhi.