POMIS Calculator

Calculate your guaranteed monthly income from the Post Office Monthly Income Scheme.

Minimum investment is ₹1,000.
The current standard interest rate is around 7.4% p.a. (subject to Govt revisions).
Bhai, you've exceeded the maximum limit! Single accounts max out at ₹9 Lakh, and Joint accounts at ₹15 Lakh.

Post Office MIS Returns

Guaranteed Monthly Income

₹0

Total Interest in 5 Years

₹0

Maturity Amount (Returned Principal)

₹0

Why Should You Use a Post Office Monthly Income Scheme Calculator?

The Post Office Monthly Income Scheme (POMIS) is one of the highest-rated guaranteed income schemes backed by the Government of India. It is primarily designed for conservative investors and senior citizens who want to deposit a lump sum amount and earn a fixed, reliable monthly pension-like payout.

Because the interest rate is applied annually but paid out monthly, calculating exact returns can be slightly tedious. Our online POMIS calculator automatically applies the exact MIS calculation formula. By simply entering your deposit amount—up to ₹9 Lakhs for a single account and ₹15 Lakhs for a joint account—you can instantly find out your monthly interest payout and the total wealth you'll accumulate over the mandatory 5-year lock-in period.

Frequently Asked Questions About Post Office MIS

What is the investment limit for POMIS?
As per the recent government budget updates, an individual can invest a maximum of ₹9 Lakh in a Single Account. If you open a Joint Account (with up to 3 adults), the maximum investment limit is increased to ₹15 Lakh. The minimum investment to start is just ₹1,000.
How does the POMIS calculator figure out monthly interest?
The calculator uses a straightforward simple interest formula adapted for monthly payouts. The formula is: Monthly Income = (Investment Amount × Annual Interest Rate / 100) / 12. At the end of the 5-year term, your original principal amount is returned to you safely.
Is the monthly income from POMIS tax-free?
No, the interest you earn every month from the Post Office Monthly Income Scheme is completely taxable according to your applicable income tax slab. However, there is no TDS (Tax Deducted at Source) deducted by the post office on these monthly payouts.

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