Post Office Monthly Income Scheme Calculator

Find the fixed monthly income from a Post Office Monthly Income Scheme deposit.

How it is calculated

POMIS pays interest monthly rather than compounding it, so the deposit itself stays fixed throughout the 5-year tenure and is returned in full at maturity.

Formula

Monthly income: Deposit × rate ÷ 12 ÷ 100

Frequently asked questions

What is the current POMIS interest rate?

7.4% per year for the Jan-Mar 2026 quarter, paid out monthly rather than compounded.

What are the deposit limits?

Up to ₹9 lakh for a single account, or ₹15 lakh for a joint account.

Is POMIS interest taxable?

Yes, the monthly income is fully taxable, and unlike PPF or NSC, POMIS deposits do not qualify for a Section 80C deduction.