Looking for a safe and reliable source of monthly income apart from your salary or pension? The Post Office Monthly Income Scheme (POMIS) is a government-backed plan that can give you guaranteed monthly returns for 5 years. It’s an ideal option for senior citizens, retirees, or anyone seeking regular passive income with zero risk.
📌 What is the Post Office Monthly Income Scheme (POMIS)?
POMIS is a one-time investment scheme offered by India Post. You invest a lump sum once, and every month, you receive a fixed interest payout. The biggest advantage? Your capital is completely safe, and the returns are assured.
💸 How Much Monthly Income Can You Get?
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If you invest ₹9 lakh (maximum for a single account), you get approx. ₹5,500 per month
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If you invest ₹15 lakh in a joint account, the monthly income goes up to ₹9,250
The current interest rate is 7.4% per annum, paid out monthly. This rate is fixed at the time of investment.
📅 Scheme Duration and Withdrawal Rules
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Tenure: 5 years
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No withdrawal allowed during the first year
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Premature withdrawals after 1 year attract a small penalty
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After 5 years, you get the entire invested amount back
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You can reinvest in the same scheme again
👤 Who Can Open an Account?
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Any Indian citizen aged 18 or above
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Single or Joint accounts (up to 3 joint holders)
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Parents/guardians can open accounts for children aged 10 years or older
💼 Investment Limits
| Account Type | Minimum Investment | Maximum Investment |
|---|---|---|
| Single Account | ₹1,000 | ₹9,00,000 |
| Joint Account | ₹1,000 | ₹15,00,000 |
✅ Why You Should Invest in POMIS
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100% Capital Protection – Backed by the Government of India
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Monthly Income – Ideal for retirees, non-pensioners, or conservative investors
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No Market Risk – Safe from stock market volatility
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Simple Process – Easily open an account at your nearest post office
🧾 Documents Required
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Aadhar Card
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PAN Card
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Address Proof
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Passport-size Photo
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Passbook or Post Office Savings Account Details
🔚 Final Word:
If you're looking for a low-risk, fixed-return scheme that ensures guaranteed monthly income, the Post Office Monthly Income Scheme (POMIS) is a great choice. Just one-time investment and enjoy stable returns for 5 years — perfect for senior citizens or anyone planning for steady post-retirement income.
📍Note: Interest rates are subject to change periodically. Always check the latest updates at your nearest post office before investing.
