POMIS Calculator
Calculate your monthly income, maturity amount, and compare investment options with the Post Office Monthly Income Scheme
Compare Investment Options
POMIS
Interest Rate
7.4%
Tenure
5 Years
Monthly Income
Yes
Tax Status
Taxable
Risk Level
Low
SCSS
Interest Rate
8.2%
Tenure
5 Years
Monthly Income
Quarterly
Tax Status
Taxable
Risk Level
Low
Bank FD
Interest Rate
6.5-7.5%
Tenure
Flexible
Monthly Income
Optional
Tax Status
Taxable
Risk Level
Low
Ideal POMIS Amount for Monthly Income
₹
POMIS Calculation Results
₹
Monthly Income
-
Σ
Annual Income
-
M
Maturity Amount
-
📈
Total Returns
-
Inflation-Adjusted Real Return
-
Tax Liability (Annual)
-
Post-Tax Monthly Income
-
Year-wise Interest Summary
| Year | Monthly Income | Annual Income | Cumulative Income | Tax Payable |
|---|
Interest Reinvestment Suggestions
SIP (Systematic Investment Plan)
Invest your monthly interest in equity mutual funds for potential higher returns
Expected Return: 10-12% p.a.
RD (Recurring Deposit)
Create a recurring deposit with your monthly interest for guaranteed returns
Expected Return: 6-7% p.a.
FD (Fixed Deposit)
Open a fixed deposit annually with accumulated interest
Expected Return: 6.5-7.5% p.a.
POMIS Eligibility & Documentation
Eligibility Criteria
- Indian resident individual
- Single account: Min ₹1,000, Max ₹9 Lakh
- Joint account: Min ₹1,000, Max ₹15 Lakh
- Minors through guardians
- Trusts and institutions
Required Documents
- Passport size photographs
- Identity proof (Aadhaar, PAN, etc.)
- Address proof
- KYC documents
- Nomination form (optional)
Important Rules
- 5-year maturity period
- Monthly interest payout
- Premature withdrawal penalties
- Interest taxable as per IT slab
- No TDS deduction
Early Withdrawal Rules
Before 1 Year
No premature closure allowed
After 1 Year
2% deduction on deposit
After 3 Years
1% deduction on deposit
After 4.5 Years
No deduction
⚠️ Early withdrawal penalties apply as per Post Office rules. Consider these before making investment decisions.
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