Post Office Monthly Income Scheme (POMIS) 2025 Earn ₹29,000
Post Office Monthly Income Scheme 2025, Get Rs 29,000 Every Month, Direct In Bank Account.
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In 2025, the Post Office Monthly Income Scheme (POMIS) allows investors to earn up to ₹29,000 per month in guaranteed interest, credited directly to their bank account — ideal for retirees and conservative savers.
Post Office Monthly Income Scheme (POMIS) 2025: Earn ₹29,000 Monthly with Safe, Fixed Returns
The Post Office Monthly Income Scheme (POMIS) remains one of India’s most trusted small savings options in 2025, offering guaranteed monthly interest payouts with zero market risk. Backed by the Government of India and operated through the Department of Posts, this scheme is especially popular among senior citizens, retirees, and low-risk investors.
How to Earn ₹29,000 Monthly
To receive ₹29,000 per month, you would need to invest the maximum permissible amount under joint account rules:
- Maximum Investment (Joint Account): ₹9 lakh
- Interest Rate (2025): 7.40% per annum
- Monthly Interest Earned: ₹29,000 approx.
- Payout Mode: Direct credit to linked bank account
For single accounts, the maximum investment is ₹4.5 lakh, which yields around ₹13,875 per month.
Scheme Features
| Feature | Details |
|---|---|
| Interest Rate | 7.40% per annum (fixed for 5 years) |
| Tenure | 5 years |
| Minimum Investment | ₹1,000 |
| Maximum (Single/Joint) | ₹4.5 lakh / ₹9 lakh |
| Payout Frequency | Monthly |
| Taxation | Interest taxable; no TDS deducted |
| Premature Withdrawal | Allowed after 1 year with penalty |
| Account Type | Single or Joint (up to 3 adults) |
Who Should Invest?
POMIS is ideal for:
- Retirees seeking monthly income
- Senior citizens preferring safe returns
- Conservative investors avoiding market-linked risks
- Parents investing for children’s education or expenses
How to Open a POMIS Account
You can open a POMIS account at any India Post branch. Required documents include:
- PAN card
- Aadhaar card
- Passport-size photo
- Post Office savings account (for interest credit)
Joint accounts allow up to three adults, and minors above 10 years can operate their own accounts.
FAQs
Q: Can I invest more than ₹9 lakh?
No, ₹9 lakh is the maximum for joint accounts. You may open multiple accounts across family members.
Q: Is the interest guaranteed?
Yes, it’s fixed for 5 years and backed by the Government of India.
Q: Is the interest taxable?
Yes, it is added to your income and taxed as per your slab. No TDS is deducted.
Q: Can I withdraw early?
Yes, after 1 year with a penalty of 1–2% on the principal.
Q: How is the interest paid?
Monthly, directly to your linked bank or post office savings account.
Would you like a comparison between POMIS and other monthly income schemes like SCSS or bank FDs to see which suits your financial goals best?