Standard POMIS Calculator

Goal-Based Planning

Reinvestment Planner

Scheme Comparison

Post Office MIS Details

Account Type

Single Account

Joint Account

Minor Account

Single: Max ₹9L | Joint: Max ₹15L | Minor: Max ₹9L (separate limit)

Investment Amount (₹)

₹1K ₹9L

Minimum ₹1,000, Maximum varies by account type

Current Interest Rate (% p.a.)

6% 9%

Current POMIS rate: 7.4% p.a. (as of Jan 2025)

Investment Tenure

Standard tenure is 5 years. Early withdrawal has penalties.

Income Receipt Method

Manual Collection

Auto Transfer

Auto transfer to savings account via ECS or PDC

Advanced Options

Nomination facility required

Account transfer facility needed

Additional features for comprehensive planning

Your POMIS Investment Returns

Monthly Income

₹3,083

Total Investment

₹5,00,000

5-Year Income

₹1,85,000

Annual Tax Liability

₹11,100

Post-Tax Monthly Income

₹2,158

Maturity Amount

₹5,00,000

Popular Monthly Income Goals - POMIS Planning

See how much you need to invest for common monthly income requirements

Post Office Investment Schemes Comparison

Compare POMIS with other Post Office investment options

Scheme	Interest Rate	Tenure	Min Investment	Max Investment	Tax Benefits	Best For
POMIS (MIS)	7.4% p.a.	5 Years	₹1,000	₹9L (Single), ₹15L (Joint)	No	Monthly Income
PPF	7.1% p.a.	15 Years	₹500	₹1.5L/year	Yes (80C)	Long-term Wealth
NSC	6.8% p.a.	5 Years	₹1,000	No Limit	Yes (80C)	Tax Saving
SCSS	8.2% p.a.	5 Years	₹1,000	₹30L	Yes (80C)	Senior Citizens
Post Office TD	6.9-7.5% p.a.	1-5 Years	₹1,000	No Limit	No	Short-term Goals
KVP	7.5% p.a.	9.5 Years	₹1,000	No Limit	No	Doubling Money
SSY	8.2% p.a.	21 Years	₹250	₹1.5L/year	Yes (80C)	Girl Child

*Interest rates as of January 2025. Rates are subject to quarterly revision by Government of India.

Your POMIS Income Schedule (Monthly Breakdown)

POMIS Investment Pro Tips

Perfect for retirees seeking steady monthly income
Government-backed security with 7.4% assured returns
No TDS deduction - full monthly income received
Joint accounts allow up to ₹15 lakh investment
Interest rates revised quarterly by Government
Premature withdrawal allowed after 1 year with penalty
Auto-transfer facility available to savings account
Nomination facility protects your investment
Account transferable across any Post Office
Tax on interest as per your income slab

Key Features of This Post Office MIS Calculator (2025)

🎯 Goal-Based Income Planning

Estimate the investment required for a target monthly income such as ₹5,000, ₹10,000, or ₹20,000. Useful for retirement and regular income planning based on your financial needs.

🔄 Reinvestment Growth Analysis

Analyze how reinvesting monthly income over multiple 5-year MIS cycles may impact long-term corpus growth. Helps visualize income usage versus reinvestment scenarios.

📊 Account Type Calculations

Supports Single, Joint, and Minor MIS accounts with applicable investment limits. Designed to help users understand differences between account types while planning investments.

💰 Tax and Premature Closure Impact

Provides an estimated view of tax impact on interest income and potential penalties for premature closure, based on current Post Office MIS rules.

🏛️ Scheme Comparison Overview

Compare Post Office MIS with other small savings schemes such as PPF, NSC, SCSS, KVP, SSY, and Post Office Time Deposits to understand tenure and return differences.

📈 Visual Financial Insights

Simple charts illustrate investment amount, monthly income flow, and estimated tax impact to make calculations easier to understand.

🎯 Common Income Scenarios

Includes example calculations for common monthly income targets to help users quickly understand approximate investment requirements.

📅 Income Schedule Breakdown

Displays month-wise and year-wise income estimates over the 5-year tenure, along with cumulative totals for better planning visibility.

⚡ Updated Interest Rate Assumptions

Calculations are based on the latest available Post Office MIS interest rate (as announced for 2025) and can be adjusted when rates change.

🔧 Planning-Oriented Tools

Supports scenarios such as income transfer, age-based planning, and managing multiple MIS accounts for structured financial planning.

📱 Mobile-Friendly Design

Responsive layout ensures smooth usage across mobile, tablet, and desktop devices for convenient access.

🏛️ Rule-Based Calculations

Uses Post Office MIS rules, limits, and standard formulas to provide estimates aligned with government scheme guidelines.

Post Office MIS Planning Tool

This calculator is designed to help users understand Post Office Monthly Income Scheme investments through income estimation, reinvestment scenarios, tax impact views, and scheme comparisons. It is intended for informational and planning purposes only.

Complete Guide to Post Office Monthly Income Scheme (POMIS) 2025

Post Office Monthly Income Scheme (POMIS) is a government-backed investment scheme that provides fixed monthly income for 5 years. With current interest rate of 7.4% p.a., it's ideal for retirees, senior citizens, and conservative investors seeking steady returns without market risk.

How is POMIS Interest Calculated?

POMIS uses simple interest calculation with monthly payouts. The formula is straightforward:

Monthly Income = (Investment Amount × Annual Interest Rate) ÷ 12

Example: ₹5,00,000 × 7.4% ÷ 12 = ₹3,083 per month
Total 5-year income = ₹3,083 × 60 months = ₹1,85,000
Principal returned at maturity = ₹5,00,000

POMIS Account Types and Limits 2025

Single Account: Maximum investment ₹9 lakh per individual
Joint Account: Maximum investment ₹15 lakh (2-3 holders)
Minor Account: Maximum ₹9 lakh (separate from adult limits)
Guardian Account: For minors below 10 years

Penalty Structure for Premature Withdrawal

No withdrawal allowed: First 12 months

1-3 years: 2% penalty on principal amount

3-5 years: 1% penalty on principal amount

After 5 years: No penalty, but no interest for extended period

Tax Implications of POMIS 2025

Monthly interest fully taxable as per income tax slab
No TDS deduction - full amount received monthly
No tax benefits under Section 80C (unlike PPF, NSC)
Interest must be declared in ITR under "Income from Other Sources"

POMIS vs Other Post Office Schemes

POMIS vs PPF: POMIS offers monthly income while PPF provides higher returns with 15-year lock-in and tax benefits.

POMIS vs SCSS: SCSS offers higher interest (8.2%) for senior citizens with quarterly payouts and tax benefits.

POMIS vs NSC: NSC provides tax benefits but no periodic income; suitable for tax-saving goals.

Smart POMIS Investment Strategies 2025

Laddering Strategy: Invest in multiple POMIS accounts with staggered maturity dates
Reinvestment Planning: Reinvest monthly income in other schemes for compounding
Joint Account Optimization: Use joint accounts to invest up to ₹15 lakh
Auto-Transfer Setup: Direct monthly income to savings for systematic investing
Tax-Efficient Planning: Combine with tax-saving schemes like PPF, NSC for balanced portfolio

Frequently Asked Questions about Post Office MIS 2025

What is the current Post Office MIS interest rate?

The current POMIS interest rate is 7.4% per annum (effective January 2025). This rate is reviewed quarterly by the Government of India based on government bond yields.

Can I withdraw my POMIS investment before 5 years?

Yes, but with penalties. No withdrawal is allowed in the first year. After 1 year, you can withdraw with 2% penalty (1-3 years) or 1% penalty (3-5 years) on the principal amount.

How much monthly income will I get from ₹5 lakh investment?

With current 7.4% rate: ₹5,00,000 × 7.4% ÷ 12 = ₹3,083 per month. You'll receive this amount for 60 months, totaling ₹1,85,000 over 5 years, plus ₹5 lakh principal at maturity.

Is there any TDS on POMIS monthly income?

No, there's no TDS (Tax Deducted at Source) on POMIS monthly income. You receive the full amount monthly, but the interest is taxable as per your income tax slab and must be declared in ITR.

What happens if I don't collect monthly interest?

If you don't collect monthly interest, it will not earn any additional interest. The unclaimed interest will be paid at maturity or when you close the account, but without any returns on it.

Can I transfer my POMIS account to another Post Office?

Yes, POMIS accounts are fully transferable from one Post Office to another across India without any charges. This is useful if you relocate to a different city or state.

Which is better for senior citizens - POMIS or SCSS?

SCSS offers higher interest (8.2%) and tax benefits but has quarterly payouts. POMIS provides lower returns (7.4%) but monthly income. Choose based on your income frequency needs and tax situation.

Can I nominate someone for my POMIS account?

Yes, nomination facility is available for all POMIS accounts. You can nominate family members who will receive the amount and accrued interest in case of your demise.

What happens to my POMIS account after 5 years maturity?

At maturity, you can withdraw the principal amount or reinvest in a new POMIS account. If you don't withdraw within 2 years, the amount earns Post Office Savings Account interest rate (currently 4%).

Can I open multiple POMIS accounts to invest more than ₹9 lakh?

No, the ₹9 lakh limit is aggregate across all POMIS accounts held by an individual, including shares in joint accounts. However, you can open joint accounts to invest up to ₹15 lakh total.