Post Office Monthly Income Scheme Calculator

Calculate the fixed monthly income payout from a Post Office Monthly Income Scheme (POMIS) deposit over its 5-year tenure.

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  • Works on all devices
Data period
Post Office Monthly Income Account rate for July–September 2026 (7.4% p.a.)
Source
National Savings Institute, Ministry of Finance (DEA), Government of India
Last updated
24-09-2026
Enter your POMIS deposit amount to calculate the fixed monthly income payout at the current 7.4% rate, paid over the scheme's 5-year tenure.
₹
Max ₹9,00,000 for a single account, ₹15,00,000 for a joint account.

Your result

₹5,550

Monthly income

Total interest over 5-year tenure₹3,33,000
Principal returned at maturity₹9,00,000

AI explanation

Formula

Monthly income = principal × annual rate / 12. Interest is paid out monthly, not compounded.

Worked example

₹9,00,000 deposit (single account max)

Worked example: ₹9,00,000 deposit (single account max)
FieldValue
Deposit amount₹9,00,000
Monthly income₹5,550
Total interest over 5-year tenure₹3,33,000
Principal returned at maturity₹9,00,000

Assumptions and limitations

This calculator assumes

  • POMIS interest rate is 7.4% p.a., notified for the Jul-Sep 2026 quarter and revised quarterly by the Ministry of Finance.
  • Interest is paid out monthly rather than compounded — the principal is returned in full at the 5-year maturity.
  • Uses the higher joint-account deposit cap (₹15,00,000) as the input ceiling; individual accounts are capped at ₹9,00,000.

What it does not account for

  • Uses the rate notified for July–September 2026. Rates are revised every quarter; whether a revision changes the return on an existing deposit depends on the scheme's rules.

Frequently asked questions

What is the current POMIS interest rate?

7.4% p.a. as of the Jul-Sep 2026 quarter, paid out monthly. The Ministry of Finance revises small-savings rates every quarter.

What are the deposit limits for POMIS?

₹9,00,000 for a single account and ₹15,00,000 for a joint account (shared equally between account holders for tax purposes), with a minimum deposit of ₹1,000.

What happens if I withdraw POMIS before 5 years?

Premature withdrawal is allowed after 1 year, with a penalty — 2% deducted from the principal if withdrawn between years 1-3, and 1% if withdrawn between years 3-5.

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How Post Office Monthly Income Scheme Payouts Are Calculated

POMIS pays a fixed monthly income equal to the annual interest rate divided by 12, applied to your deposit — interest isn't compounded, and the full principal comes back unchanged at the 5-year maturity.

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Comparing Post Office Savings Schemes: Lump Sum vs Monthly Income vs Recurring Deposit

The same ₹9,00,000, put into POMIS versus POTD, earns noticeably different total interest over 5 years — because POMIS pays income out monthly without compounding, while POTD reinvests every quarter's interest until maturity.

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Sources

Official sources

Further reading

Rates and rules on this page apply from 01-07-2026 to 30-09-2026. Page last updated 24-09-2026.

This calculator provides an estimate only. POMIS interest rates are revised quarterly by the Ministry of Finance and apply for the full 5-year tenure of a deposit as opened. Not personalized financial advice.

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