A ₹1,500 monthly investment in a post office scheme usually refers to the minimum deposit requirement for the Post Office Monthly Income Scheme (POMIS) or a monthly contribution to the Sukanya Samriddhi Yojana (SSY). POMIS offers a 7.4% p.a. interest rate (as of Q2 2025) for a 5-year tenure with monthly payouts, while SSY is a long-term savings plan.
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.
Post Office Monthly Income Scheme (POMIS) is a savings scheme backed by the government. It allows individuals to earn a monthly income and protect the principal amount. It is a low-risk investment with an interest rate of 7.4% per annum and may be suitable for conservative investors.
Post Office Monthly Income Scheme Calculator Formula
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.
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.
Following is a list of top monthly scheme, which you can opt for:
Non-Resident Indians (NRIs) are currently not eligible to invest in the post office monthly income scheme.
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.
Drawbacks of investing in POMIS
Post Office Monthly Income Scheme (POMIS) is a secure government-backed savings plan ideal for those seeking a steady income. Currently, with an interest of 7.40% p.a. (from 01/01/2025), POMIS is a low-risk investment.
National Saving Certificate (NSC) and Post Office schemes: NRIs are not permitted to initiate new investments in National Savings Certificates (NSCs) or other post office schemes, they can continue to hold and manage existing investments until their maturity dates.
Let us scout for all the available options to earn 5000 per month and provide financial stability.
Senior Citizens Savings Scheme (SCSS)
Eligibility: Individuals aged 60 years and above. Investment Limit: Minimum ₹1,000 and maximum ₹15 lakhs. Interest Rate: Approximately 8% per annum (subject to change). Tenure: 5 years, extendable by 3 years.
Conclusion. When comparing FD and MIS, the choice ultimately depends on your financial goals, risk appetite, and income needs. If you prioritise capital safety and predictable returns, an FD may be ideal. However, if you seek regular monthly income and can tolerate some market-linked risk, an MIS could suit you better.
The best investment options in India for NRI's are Bank Fixed Deposits. Apart from this, other options of NRI deposit are Mutual Funds, Direct Equity, Real Estate, Investment in Bonds and Government Securities, Certificate of Deposits, National Pension Scheme (NPS), etc.
The Kisan Vikas Patra scheme is the Post Office scheme that can double your money over a particular period of time. It is government-backed saving scheme which guarantees returns. According to the scheme, an individual's money can be doubled within a timespan of 115 months (or 9 years and 7 months).
Post Office MIS Calculator. The MIS post office scheme is a good form of investment for citizens and an excellent choice for retirement planning. This scheme enables the investor to make a monthly income after the scheme's tenure.
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.
A monthly deposit of ₹2,000 for 5 years grows to about ₹1,42,732, while ₹3,000 per month for 5 years results in a maturity value of about ₹2,14,098.