Result
Monthly income
₹3,083
- Deposit amount₹500,000
- Total income over 5 years₹185,000
- Total return over 5 years37.0%
- Principal returned at maturityFull principal is refunded after 5 years₹500,000
How to use this calculator
- Enter your intended deposit (within ₹9L single / ₹15L joint cap).
- Enter the current POMIS rate.
- Read monthly income + total 5-year return.
About this tool
Post Office Monthly Income Scheme (POMIS) is a government-backed 5-year fixed deposit that pays interest MONTHLY (unlike bank FDs which compound). Ideal for retirees or anyone needing predictable monthly cash flow. Deposit cap: ₹9 lakh single account, ₹15 lakh joint (2-3 people). Interest rate is revised quarterly by the Ministry of Finance — currently 7.4% p.a. Interest is taxable at your slab rate (no TDS by Post Office, but you must self-report). Premature withdrawal allowed after 1 year with penalty (2% before 3 years, 1% after 3 years).
Frequently asked
Q3 FY 2025-26 rate = 7.4% p.a., payable monthly. Rate is set by the Ministry of Finance and revised quarterly. Once you open an account, the rate is locked for the full 5-year tenure — subsequent rate changes don't affect existing deposits.
Related calculators
FD Calculator (Fixed Deposit)
Fixed Deposit maturity value — Indian bank quarterly compounding formula. Works for SBI, HDFC, ICICI, PNB, Axis and all major banks.
Sukanya Samriddhi Yojana Calculator
SSY maturity for a girl child — Government of India scheme, 21-year lock-in, current 8.2% p.a., triple tax-exempt (EEE).
NSC Calculator (National Savings Certificate)
NSC maturity value — Government of India 5-year scheme, current 7.7% p.a. compounded annually, Section 80C benefit on principal.