To get a guaranteed monthly income from a post office in India, invest in the Post Office Monthly Income Scheme (POMIS). It offers a 7.4% per annum interest rate (as of Q1 2026), paying out interest monthly on a 5-year deposit. Deposits can be made individually (up to ₹9 lakh) or jointly (up to ₹15 lakh).
POMIS is an investment scheme recognized and validated by the Ministry of Finance. It is one of the highest-earning schemes with an interest rate of 6.6%. The interest in this scheme is disbursed monthly. After opening a POMIS account, individuals can invest a minimum amount of ₹1500.
Step 1: Determine the current interest rate for the Post Office MIS is 7.4% per annum, payable monthly. So, by investing approximately Rs. 8,10,811 in the Post Office MIS, you can get a monthly income of Rs. 5,000 for the duration of the 5-year lock-in period.
Application Process
How to Open a POMIS Account?
How to Open a POMIS Account
Save tax-free from just £100, with no withdrawal limits. Minimum amount to open £100. Annual interest, calculated daily and paid annually in March.
Access cash and banking at Post Office
You can take out and pay in cash and deposit cheques or check your balance, for both personal and business accounts, at thousands of Post Office branches.
How does a monthly income scheme work? Monthly Income Scheme (MIS) is designed to offer a guaranteed monthly income as per the interest rate ranging from 3% to 5.60% pa. As a person invests a sum of money for a set time period, he/she will receive a monthly income and interest on total investment upon maturity.
Post Office Monthly Income Scheme interest rates 2025
The Post Office Monthly Income Scheme (POMIS) offers a competitive interest rate of 7.4% per annum, compounded monthly for 2025.
13 Ways to Generate $1,000 in Passive Income Per Month
To earn Rs. 50,000 per month from an FD, you need to consider the interest rate offered. For example, at an 8% annual interest rate, you'd need an FD of around Rs. 75 lakhs.
Details of Monthly Income Scheme
What is Sukanya Samriddhi Yojana 1500 per month post office? Sukanya Samriddhi Yojana Rs. 1,500 per month is a savings plan where you invest Rs. 18,000 annually. Over 15 years, this totals Rs. 2.7 lakh.
Because they invest in fixed income securities, money market funds and ultra-short duration funds are subject to three main risks: interest rate risk, liquidity risk and credit risk.
UK Financial Services Compensation Scheme (FSCS)
The FSCS is funded by the financial services industry and is free to all consumers. So, you can be safe in the knowledge that your savings are protected. Find out more about how FSCS protects your money or visit the FSCS website.
Customers can transfer and receive money via RTGS, using their account number and IFSC code. RTGS services can be availed using IPPB's Mobile banking app. These services are also available at selected access points (post offices).
If you're applying for a Post Office Savings account in a branch we may ask you to bring valid, original documents to be certified to prove your identity, your permanent address and/or your income to complete your application. Your documents can be certified for free at selected branches.
The "15-15 rule" primarily refers to treating low blood sugar (hypoglycemia) by consuming 15 grams of fast-acting carbohydrates, waiting 15 minutes, and then rechecking blood sugar; repeat if still low, then follow with a balanced snack. Less commonly, it can refer to an investment principle: investing ₹15,000 monthly in a mutual fund at a 15% return for 15 years to potentially become a crorepati (millionaire).
3 months if your income is stable and you have a financial safety net. 6 months as a general rule, if you have children or large financial obligations, such as mortgages. 9 months if you're self-employed or have an irregular income stream.
Coin deposits up to £250 will be accepted at each Post Office branch's discretion. The Post Office will only accept coin in full bags. The maximum amount of cash you can deposit in total across your personal accounts is £1,500 per day, and £10,000 annually on a rolling 12-month basis.
Can I open checking or savings accounts with more than one bank at a time? Yes. There are no restrictions on the number of checking and savings accounts you can open or the number of banks or credit unions with which you can have accounts.