Finance
Post Office MIS Calculator
POMIS gives a fixed monthly payout for 5 years against a one-time lump-sum deposit. Principal is returned in full on maturity. Useful for retirees and conservative savers who want stable monthly cashflow with a sovereign guarantee. Maximum: ₹9 lakh single, ₹15 lakh joint.
₹9,00,000
₹
₹1L₹9L₹15L
Max ₹9L single, ₹15L joint.
7.4%
%
Currently 7.4% (Q4 FY25).
5yrs
yrs
Standard POMIS tenure is 5 years.
Monthly payout
₹5,550
Total interest
₹3,33,000
Principal returned
₹9,00,000
Total payout
₹12,33,000
Per month for
60 months
Total payout
₹12,33,000
Principal₹9,00,000
73.0%
Interest₹3,33,000
27.0%
POMIS interest is taxable at slab; no TDS. Principal returned in full at maturity.
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Frequently asked
- Is POMIS interest taxable?
- Yes — the monthly interest is taxable at your slab rate. There's no TDS, but you must declare it as 'income from other sources' when filing your ITR.
- POMIS vs SCSS — which gives more?
- SCSS pays a higher rate (and quarterly, not monthly), but it's only available to seniors (60+ or 55+ with VRS). POMIS is open to everyone, has a smaller cap and a lower headline rate.
Try SCSS next →
SCSS