Post Office Monthly Income Scheme (POMIS) Calculator 2026 (7.4% Interest Rate)
Use this calculator to estimate how much monthly income your Post Office Monthly Income Scheme (POMIS) deposit can generate. Compare single and joint account scenarios, understand the investment limits, and see how POMIS fits into a wider fixed-income plan.
If you are wondering, "If I put ₹5 Lakh, ₹9 Lakh or ₹15 Lakh into POMIS, how much income could I receive?", this calculator lets you see the exact guaranteed monthly payout before you invest. All calculations use the official Ministry of Finance interest rate of 7.40% p.a.
POMIS Monthly Income Calculator
Official 7.40% RateNote: These results are estimates based on the official scheme assumptions shown above.
What does this POMIS result mean?
Your initial deposit amount is completely untouched throughout the 5-year tenure. At maturity, 100% of your principal is returned directly to your linked account.
Interest is computed as (Deposit × 7.40%) ÷ 12 and paid out on the same date every month for 60 consecutive months.
Monthly interest sitting in POMIS earns no further returns. To compound payouts, set up auto-reinvestment (Form SB-83) into Post Office RD (6.70% p.a.).
POMIS Single vs Joint Account
Understand how account ownership affects statutory deposit limits, monthly payouts, and household capital structuring.
| Feature / Parameter | Single POMIS Account | Joint POMIS Account (Up to 3 Adults) |
|---|---|---|
| Maximum Deposit Limit | ₹9 Lakhs | ₹15 Lakhs |
| Monthly Payout (@ 7.40%) | ₹5,550 / month | ₹9,250 / month |
| Annual Payout Total | ₹66,600 / year | ₹1,11,000 / year |
| Total 5-Year Interest | ₹3,33,000 | ₹5,55,000 |
| Ownership & Share Rule | 100% individual allocation towards individual ₹9L limit. | Equal share allocated to each joint holder (e.g., 50% = ₹7.5L per spouse). |
| Household Max Strategy | Family Combination: Husband Single (₹9L) + Wife Single (₹9L) + Joint Account (₹15L) = ₹33 Lakhs Total Household Capital yielding ₹20,350/month. | |
POMIS Interest Calculation Table (₹1 Lakh to ₹15 Lakhs)
Reference table showing guaranteed monthly payouts across popular deposit milestones at official 7.40% interest rate.
| Deposit Amount | Account Type | Monthly Income | Annual Income | Total 5-Year Interest |
|---|---|---|---|---|
| ₹1,000 (Minimum) | Single / Joint | ₹6.17 / month | ₹74 / year | ₹370 |
| ₹1,00,000 (₹1 Lakh) | Single / Joint | ₹617 / month | ₹7,400 / year | ₹37,000 |
| ₹3,00,000 (₹3 Lakhs) | Single / Joint | ₹1,850 / month | ₹22,200 / year | ₹1,11,000 |
| ₹5,00,000 (₹5 Lakhs) | Single / Joint | ₹3,083 / month | ₹37,000 / year | ₹1,85,000 |
| ₹9,00,000 (₹9 Lakhs - Single Max) | Single Max | ₹5,550 / month | ₹66,600 / year | ₹3,33,000 |
| ₹10,00,000 (₹10 Lakhs) | Joint Account | ₹6,167 / month | ₹74,000 / year | ₹3,70,000 |
| ₹15,00,000 (₹15 Lakhs - Joint Max) | Joint Max | ₹9,250 / month | ₹1,11,000 / year | ₹5,55,000 |
Calculation Assumptions & Sovereign Scheme Transparency
Updated: Q2 FY 2024-25 (July 2026 Gazette)Calculations are based on the scheme assumptions displayed on this page, as notified by the Ministry of Finance, Government of India. Check the linked official primary source before making final investment decisions.
POMIS vs SCSS vs Post Office Time Deposit (FD)
Compare POMIS with Senior Citizens Savings Scheme (SCSS), Post Office Time Deposit (FD), Bank Fixed Deposits (FD), and Post Office Recurring Deposits (RD) to choose the right fit for your cash flow needs.
| Parameter | POMIS | SCSS (Senior Citizens) | Post Office Time Deposit (FD) | Bank Fixed Deposit (FD) | Post Office RD |
|---|---|---|---|---|---|
| Interest Rate | 7.40% p.a. | 8.20% p.a. | 7.50% p.a. (5-Yr) | 6.80% - 7.50% | 6.70% p.a. |
| Payout Frequency | Monthly | Quarterly | Annual (compounded quarterly) | Monthly / Quarterly / Maturity | Maturity (Monthly Deposit) |
| Tenure | 5 Years | 5 Years (+ 3 Yrs) | 1, 2, 3, or 5 Years | 1 to 10 Years | 5 Years |
| Max Limit | ₹9L (Single) / ₹15L (Joint) | ₹30L (Single) / ₹60L (Couple) | No upper limit | No bank cap (DICGC ₹5L) | No upper limit |
| Section 80C Benefit | No | Yes (Up to ₹1.5L) | Yes (5-Year TD only) | Only 5-Yr Tax Saver FD | No |
| Ideal For | Lump sum monthly cash flow for non-seniors & families | Retirees aged 60+ seeking highest safe yield | Sovereign-backed lump sum fixed compounding | Flexible short-term & medium-term deposits | Salaried monthly savings discipline |
Frequently Asked Questions (FAQs)
Q.What is the POMIS calculator used for?
The POMIS calculator estimates the guaranteed monthly interest payout from a Post Office Monthly Income Scheme (POMIS) deposit based on the official 7.40% p.a. interest rate. It helps you test different investment amounts, compare single vs joint account limits, and plan your monthly fixed income.
Q.How is POMIS monthly income calculated?
POMIS monthly interest is calculated using the simple annual formula: Monthly Income = (Deposit Amount × 7.40%) ÷ 12. For example, a ₹9 Lakh deposit yields (₹9,00,000 × 0.074) ÷ 12 = ₹5,550 per month.
Q.What is the maximum investment limit for Post Office Monthly Income Scheme (POMIS)?
The statutory maximum investment limit for a Single POMIS account is ₹9 Lakhs (yielding ₹5,550/month). For a Joint account (held by up to 3 adults), the limit is ₹15 Lakhs (yielding ₹9,250/month). Across a household, spouses can hold individual accounts plus a joint account up to ₹33 Lakhs total.
Q.How much monthly income can I get from a ₹15 Lakh deposit in POMIS?
Under the official Ministry of Finance interest rate of 7.40% per annum, the maximum joint deposit of ₹15 Lakhs yields a guaranteed payout of ₹9,250 every month for 5 years (total interest ₹5,55,000 over 60 months).
Q.How much monthly income from ₹5 Lakh in POMIS?
A deposit of ₹5 Lakhs in POMIS at 7.40% p.a. generates ₹3,083 per month (₹37,000 per year), totaling ₹1,85,000 in guaranteed interest over the 5-year tenure.
Q.How much monthly income from ₹9 Lakh in POMIS?
The maximum single account deposit of ₹9 Lakhs in POMIS generates ₹5,550 per month (₹66,600 per year), totaling ₹3,33,000 in interest over 5 years.
Q.Is POMIS monthly interest taxable in India?
Yes. Monthly interest received from POMIS is fully taxable according to your applicable personal income tax slab under 'Income from Other Sources'. It does not qualify for Section 80C tax deductions. Post offices do not deduct TDS at source, but depositors must declare interest in their ITR.
Q.What happens after 5 years maturity in POMIS?
Upon completion of the 5-year tenure, 100% of your initial principal deposit is returned intact to your linked post office or bank savings account. You can withdraw the corpus or reinvest it into a fresh 5-year POMIS account at prevailing rates.
Q.Can husband and wife both invest in POMIS?
Yes! Spouses can open a Joint Account with a combined limit of ₹15 Lakhs (yielding ₹9,250/month). Additionally, each spouse can maintain individual single accounts, provided their total individual share across all accounts does not exceed ₹9 Lakhs.
Q.Can I close a POMIS account before 5 years?
Yes, subject to premature closure rules: No withdrawal is permitted before 1 year. If closed between 1 and 3 years, a 2% deduction from principal is charged as penalty. If closed between 3 and 5 years, a 1% penalty is deducted.
Q.How does POMIS to Post Office RD auto-reinvestment work?
You can set up an automatic standing instruction (Form SB-83) at India Post to sweep monthly interest from your POMIS account into a 5-Year Post Office Recurring Deposit (RD). At 6.70% p.a. quarterly compounded, reinvesting ₹9,250 monthly interest from a ₹15 Lakh deposit generates an extra ~₹1.02 Lakhs in total wealth.
Q.Is POMIS better than Bank Fixed Deposit Monthly Payouts?
POMIS offers 100% sovereign guarantee backed directly by the Government of India, making it safer than bank FDs. However, bank FDs offer flexible tenures (1 to 10 years), whereas POMIS has a strict 5-year lock-in.
What's the next step in your financial plan?
Connect your POMIS monthly income with other specialized sovereign tools and decision planners.
Compare senior-citizen quarterly income options at 8.20% p.a.
Build a staggered fixed-deposit income strategy for liquidity.
Estimate how recurring deposits build your future corpus.
Combine POMIS, SCSS & SWPs into a full monthly cash flow plan.