Post Office Monthly Income Scheme (POMIS): Invest Once, Earn ₹9,250 Monthly for 5 Years – A Safe and Assured Income Plan
If you are looking for a steady monthly income without taking any market risks, the Post Office Monthly Income Scheme (POMIS) could be the perfect solution. This government-backed savings scheme ensures fixed monthly returns and full capital protection, making it a popular choice for retirees, senior citizens, and conservative investors.
💼 What is Post Office Monthly Income Scheme (POMIS)?
POMIS is a government-guaranteed savings scheme designed to provide investors with fixed monthly income through interest payouts. It requires a one-time lump sum investment, and in return, you receive monthly interest for five years. After five years, your entire principal amount is returned.
🔐 Key Features of POMIS
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Guaranteed returns: Interest is fixed at the time of investment.
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Zero risk: Being a government scheme, your capital is completely safe.
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Short lock-in period: Only 5 years, with premature withdrawal allowed after 1 year (with minor penalties).
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Ideal for regular income seekers: Especially beneficial for pensioners and those without a regular income.
👥 Who Can Open a POMIS Account?
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Any Indian resident aged 18 or above.
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Accounts can be opened individually or jointly (up to 3 adults).
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Parents/guardians can open an account for minors above 10 years.
📊 Interest Rate and Investment Limits
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Interest Rate: 7.4% per annum (payable monthly).
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Single Account: Max investment ₹9 lakh.
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Joint Account: Max investment ₹15 lakh (interest shared proportionally).
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Tenure: Fixed for 5 years.
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Withdrawal: Not allowed before 1 year. After that, allowed with certain penalties.
💰 How Much Monthly Income Can You Get?
| Investment Type | Amount Invested | Approx. Monthly Income |
|---|---|---|
| Single Account | ₹9,00,000 | ₹5,550 |
| Joint Account | ₹15,00,000 | ₹9,250 |
At the end of 5 years, the entire invested amount is refunded, and you can reinvest it if desired.
✅ Why Choose This Scheme?
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Safe and stable: No market linkage, no volatility.
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Ideal for retirees: Regular monthly payout acts as a pension substitute.
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Government-backed: Reliable and transparent operation through India Post.
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No hidden charges: Simple structure and fixed income ensure clarity.
📝 Final Thoughts
If you're looking for a secure, tax-efficient, and guaranteed income source, the Post Office Monthly Income Scheme is one of the best small savings options available today. With just one-time investment, you can enjoy monthly payouts, capital protection, and peace of mind—especially useful for retirees, homemakers, and risk-averse investors.
Make sure to consult your nearest post office or visit the India Post website to start your investment today.
