Post Office Monthly Income Scheme: The Post Office Monthly Income Scheme (POMIS) 2025 is one of the most popular and trusted saving schemes offered by India Post. It is designed especially for individuals who want a safe investment option that provides a fixed monthly income. Managed by the Government of India, this scheme is ideal for retirees, senior citizens, and small investors who prefer guaranteed returns without any risk.
Post Office Monthly Income Scheme
The Post Office Monthly Income Scheme (POMIS) is a fixed-income investment plan where investors can deposit a certain amount and earn a fixed interest every month. The interest is credited directly to the investor’s post office savings account, providing a stable source of income. This scheme is backed by the government, which makes it a completely safe investment option for people who do not want to take risks associated with the stock market or mutual funds.
Post Office Monthly Income Scheme 2025 Overview
| Scheme Name | Post Office Monthly Income Scheme (POMIS) |
|---|---|
| Scheme Name | Post Office Monthly Income Scheme (POMIS) |
| Launched By | Government of India |
| Managed By | India Post |
| Type of Scheme | Small Savings Scheme |
| Lock-in Period | 5 Years |
| Minimum Deposit | ₹1,000 |
| Maximum Deposit (Single Account) | ₹9 Lakh |
| Maximum Deposit (Joint Account) | ₹15 Lakh |
| Interest Rate (As of 2025) | Around 7.4% per annum |
| Payment Mode | Monthly Interest |
| Eligibility | Resident Indian Citizens |
Objective of the Post Office Monthly Income Scheme
The main objective of the Post Office Monthly Income Scheme 2025 is to provide a regular and assured income to investors. It is particularly helpful for senior citizens, pensioners, and individuals who want to secure a fixed monthly income from their savings. The scheme promotes a saving habit among citizens while offering guaranteed returns on investment.
Features of Post Office Monthly Income Scheme 2025
The POMIS comes with several attractive features that make it a preferred choice for many investors in India:
- Guaranteed Returns: Since it is a government-backed scheme, the returns are completely safe and assured.
- Regular Monthly Income: The interest earned is paid out every month, offering a consistent income source.
- Flexible Investment Option: Individuals can open the account individually or jointly.
- Tax Benefits: Although the interest earned is taxable, the investment itself is risk-free and ideal for stable income planning.
- Easy to Open: You can open an account at any post office across India with simple documentation.
Eligibility Criteria for Post Office Monthly Income Scheme
To invest in the Post Office Monthly Income Scheme, you must meet the following eligibility conditions:
- The applicant must be a resident Indian citizen.
- The minimum age should be 18 years or above.
- A minor above 10 years can open the account in their name with the help of a guardian.
- Hindu Undivided Families (HUFs) and Non-Resident Indians (NRIs) are not eligible to invest in this scheme.
How to Open a Post Office Monthly Income Scheme Account
Opening an account under POMIS is a simple process that can be completed at any nearby post office. Follow the steps below:
- Visit your nearest post office branch.
- Ask for the Post Office Monthly Income Scheme account opening form.
- Fill in all the required details such as name, address, and nominee details.
- Attach necessary documents like Aadhaar card, PAN card, and a passport-size photograph.
- Deposit the investment amount through cash or cheque.
- Once the application is processed, you will receive a passbook containing all account details.
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Documents Required for POMIS Account
- Aadhaar Card
- PAN Card
- Address Proof (Voter ID, Driving License, or Passport)
- Passport-size Photographs
- Filled Application Form
Interest Rate and Returns under POMIS 2025
The interest rate for the Post Office Monthly Income Scheme 2025 is around 7.4% per annum, which is reviewed every quarter by the Government of India. The interest is paid out every month directly to the investor’s linked savings account. At the end of the five-year maturity period, the investor can withdraw the entire deposit amount or reinvest it for another five years.
For example, if you invest ₹5 lakh at 7.4% interest, you will receive around ₹3,083 every month as interest income.
Premature Withdrawal and Rules
The POMIS account has a lock-in period of five years, but premature withdrawal is allowed under certain conditions:
- If withdrawn before 1 year – No interest is payable.
- If withdrawn between 1 and 3 years – Deduction of 2% of the deposit amount.
- If withdrawn between 3 and 5 years – Deduction of 1% of the deposit amount.
Benefits of the Post Office Monthly Income Scheme
- Safe and risk-free investment backed by the Government of India.
- Guaranteed monthly income for five years.
- Ideal for senior citizens, homemakers, and small investors.
- Easy to open and operate from any post office in India.
- Flexible option to open a joint account and nominate beneficiaries.
FAQs
The current interest rate is around 7.4% per annum, which is reviewed quarterly by the government.
The minimum deposit is ₹1,000, and the maximum limit is ₹9 lakh for a single account and ₹15 lakh for a joint account.
Yes, the interest earned under the Post Office Monthly Income Scheme is taxable as per your income tax slab.
Yes, premature withdrawal is allowed after one year, but certain penalties apply depending on the withdrawal time.
The Post Office Monthly Income Scheme 2025 is one of the safest and most reliable saving options available in India today. It offers a perfect combination of security, guaranteed returns, and regular income. Whether you are a retired person looking for a stable monthly income or a risk-averse investor seeking guaranteed returns, the POMIS is an ideal choice. You can visit your nearest post office to open an account and start earning a fixed monthly income without worrying about market risks.