POMIS Calculator
Calculate monthly income from a Post Office Monthly Income Scheme deposit.
Your inputs
POMIS has a fixed 5-year tenure and pays simple interest out monthly rather than compounding it. Maximum deposit is ₹9 lakh (single) or ₹15 lakh (joint).
Estimates only. Figures are indicative and do not constitute financial advice.
About the POMIS Calculator
"POMIS calculator," "post office monthly income scheme calculator," or simply "monthly income scheme calculator" is searched by savers wanting a predictable, guaranteed monthly income stream — POMIS is designed exactly for that, paying out simple interest every month on a lumpsum deposit over its fixed 5-year tenure, at any post office counter in the country.
Unlike SCSS (which is restricted to seniors), POMIS is open to any individual, making it a popular choice for retirees supplementing their pension income, or anyone wanting a safe, government-backed instrument for regular monthly cash flow rather than a lumpsum payout at maturity. This calculator computes your monthly income based on your deposit and the current POMIS interest rate, along with the total interest you'll receive over the full 5-year term — with your original principal returned in full at maturity, unlike a mutual fund SWP where the principal itself gradually depletes. Maximum deposit limits are ₹9 lakh for a single account and ₹15 lakh for a joint account, and many families specifically use a joint POMIS account to make full use of that higher limit for a parent's post-retirement income.
How to use this calculator
- Enter your deposit amount.
- Enter the current POMIS interest rate.
- See your guaranteed monthly income and total interest over 5 years.
Frequently asked questions
›What is the maximum deposit limit for POMIS?
₹9 lakh for a single account and ₹15 lakh for a joint account, per the current Post Office Monthly Income Scheme rules.
›Is POMIS income taxable?
Yes, the monthly interest income from POMIS is fully taxable as per your income tax slab — there's no special tax exemption on it.
›What happens to my principal at POMIS maturity?
Your full deposit amount is returned to you at the end of the 5-year tenure, since POMIS pays interest out monthly rather than compounding or eroding the principal.
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Read the full guide
Post Office Monthly Income Scheme (POMIS): Monthly Income Explained