The POMIS or Post Office Monthly Income Scheme is among the most preferred small savings schemes in India. It comes to meet the needs of those who seek a fixed monthly income with no risks involved. The scheme is under the Government of India which means it guarantees safety, consistency, and returns that can be predicted.
What is POMIS?
Investors can put a lump sum amount of their choice in the post office and get interest payment every month under POMIS. The interest will be credited to the investor’s account directly making it a regular source of income. The scheme is very much appropriate for old age pensioners, housewives, and the ones who want their money in less risky investments.
Interest Rate in 2026
The POMIS interest rate for the year 2026 is fixed at 7.4% per annum. The government determines this rate and it remains unchanged while providing investors with a secure feeling. The monthly interest amount to be credited is determined by the amount that has been deposited, thus securing the regular income.
Deposit Limits
The scheme is quite liberal in terms of deposit limits. An individual who has only one account can thus make an investment of up to ₹9 lakh while for joint account holders maximum deposit is up to ₹15 lakh. This feature makes the scheme attractive for all types of investors, be it small or medium.
Key Features
There’s a lock-in period of 5 years associated with the investment. After the investment period, the investors are given the option to either withdraw the amount or invest it further. For withdrawals done before the completion of the lock-in period certain conditions apply but there might still be a slight penalty charged. The scheme doesn’t come with income tax benefits under Section 80C but its guaranteed returns still keep it a favorable choice.
Comparison Table
| Feature | Details (2026) |
|---|---|
| Interest Rate | 7.4% per annum |
| Lock-in Period | 5 years |
| Minimum Deposit | ₹1,000 |
| Maximum Deposit (Single) | ₹9 lakh |
| Maximum Deposit (Joint) | ₹15 lakh |
| Monthly Payout | Fixed interest |
| Premature Withdrawal | Allowed with penalty |
What are the Benefits of POMIS?
The primary benefit that POMIS offers is security. The government support eliminates the possibility of loss. The fixed monthly income is nice for managing househ old expenses, thus it is a choice for old people and families that stand up to others. The fact that POMIS is not market-linked allows investors to enjoy a stable return regardless of fluctuations in interest rates.
Conclusion
The Post Office Monthly Income Scheme 2026 is a hassle-free, secure, and powerful way to obtain constant income. It has a stunning interest rate of 7.4% and the government guarantee, so it is one of the risk-free options to consider. If you are looking for a pension plan or just wish to have enough cash flow for your daily needs, POMIS is the answer.