What is the Post Office Monthly Income Scheme (POMIS)?
The Post Office Monthly Income Scheme (POMIS) is a sovereign-backed, low-risk investment scheme offered by India Post. Under this scheme, investors deposit a lump sum amount and receive guaranteed monthly interest payouts directly into their savings account for a fixed lock-in tenure of 5 years.
POMIS Limits & Guidelines:
- Single Account: Maximum investment limit is Rs. 9 Lakhs.
- Joint Account (up to 3 adults): Maximum investment limit is Rs. 15 Lakhs.
- Current Interest Rate: 7.4% per annum (paid monthly).
- Maturity: 5 Years. The principal amount is refunded 100% in full upon maturity.
Post Office MIS Calculator
📮 Post Office MIS (POMIS) Calculator
Guaranteed Monthly Income
Rs. 5,550
Total 5-Year Interest
Rs. 3,33,000
Principal Returned at Maturity
Rs. 9,00,000
Who Should Invest in POMIS?
- Senior Citizens & Retirees: Looking for fixed, risk-free monthly income to manage routine living expenses.
- Conservative Investors: Seeking capital protection backed directly by the Government of India.
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Disclaimer: The calculations provided by these calculators are estimates based on standard rules and current policies. For official government declarations, financial planning, or investments, please consult with a certified financial planner. — Global Info Wiki Editorial Team
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