Post Office Monthly Income Scheme — a 5-year deposit that pays fixed monthly interest, currently 7.4% p.a. (FY 2026-27).

What is the deposit limit in POMIS?

Single account: ₹9 lakh; Joint account: ₹15 lakh. Minimum deposit is ₹1,000.

Is POMIS interest taxable?

Yes — monthly income is added to your income and taxed at your slab rate. No TDS is deducted.

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Get fixed monthly income for 5 years.

Reviewed by Nisha SLast verified 6 Sept 2026RBI-compliantFact-check policy

Deposit₹9,00,000

₹1K₹15L

Interest Rate %7.4%

5%10%

Monthly Income₹5,550

5-Year Total Income₹3,33,000

Principal Returned at End₹9,00,000

Compare rates across 50+ banks.

Personalised plan in 60 seconds.

POMIS is a 5-year guaranteed monthly income scheme by India Post (max ₹9L single, ₹15L joint).

Monthly Income = Deposit × Rate / 12

Everything you need to know about the Post Office MIS Calculator.

Results are illustrative estimates for planning. Actual figures depend on bank/AMC terms, taxes and market conditions.