How do I calculate POMIS monthly income?

POMIS monthly income = Principal × Annual rate ÷ 12. At 7.4% on ₹9,00,000: ₹9,00,000 × 7.4% ÷ 12 = ₹5,550 per month. The formula is simple because POMIS uses simple interest — the monthly payout is identical every month for all 60 months.

What is the maximum monthly income from POMIS?

Maximum monthly income from POMIS at 7.4%: Single account (max ₹9,00,000) = ₹5,550/month. Joint account (max ₹15,00,000) = ₹9,250/month. A couple can combine: ₹9L individual + ₹9L individual + ₹15L joint = ₹33L total, generating ₹20,350/month combined.

Does POMIS monthly payout change over 5 years?

The monthly payout amount can change if the government revises the interest rate quarterly. If the rate stays at 7.4%, the monthly income on ₹9L remains ₹5,550 for all 60 months. If the rate changes — say to 7.2% next quarter — the monthly income adjusts to ₹5,400. Unlike SCSS, POMIS does not lock in the rate.

Is POMIS interest compounded?

No. POMIS uses simple interest. Your monthly payout is the same every month and the principal grows only because you receive interest — it is not reinvested within POMIS. To create a compounding effect, you can reinvest the monthly POMIS interest into a Recurring Deposit each month.

POMIS Monthly Income Calculator 2026 — Year-wise Payout

📅 Rate: 7.4% p.a.

✅ Q1 FY 2026-27

🏛️ Sovereign guaranteed

Investment Amount₹9,00,000

Interest Rate (p.a.)7.4%

Current rate: 7.4% p.a. (Q1 FY 2026-27) · Rate can change quarterly

Tenure5 yr

POMIS fixed tenure: 5 years · Extendable at maturity

Monthly Income

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Total interest (5 yr) —

Annual income —

Investment (Principal)—

Monthly Payout—

Annual Payout—

Total Interest (5 yr)—

Principal at Maturity—

Account Type Needed—

Tax StatusTaxable at slab rate

💡 POMIS pays simple interest monthly — the payout is identical every month. Principal is returned at maturity. To compound returns, transfer monthly income to a Recurring Deposit. Rate may change each quarter unlike SCSS which is locked at opening.

📅 Year-wise POMIS Income Schedule

Year	Monthly Payout	Months	Annual Income	Cumulative Income	Principal (unchanged)

⚡ POMIS Calculator — Key Points

Formula: Monthly income = Principal × 7.4% ÷ 12 — same every month, simple interest
Single account limit: ₹9,00,000 → max ₹5,550/month · Joint: ₹15,00,000 → max ₹9,250/month
Rate 7.4% is current (Q1 FY 2026-27) — may change quarterly unlike SCSS which is locked
All interest is taxable at your slab rate — no TDS by Post Office, self-declare in ITR
Tip: Reinvest monthly POMIS income in RD to effectively compound your returns

How to Use This POMIS Calculator

Enter investment amount: Use the slider or type the amount directly. The calculator shows the applicable account type (single or joint) automatically.
Adjust interest rate: Default is 7.4% (current Q1 FY 2026-27). You can simulate scenarios with different rates to see how rate changes affect income.
View year-wise table: The table shows monthly payout, annual income, and cumulative income for each year of the 5-year tenure.
Share or save: Use WhatsApp, Twitter, or PDF to share your calculation or save it for later reference.

POMIS Monthly Income Quick Reference — at 7.4%

Investment	Monthly Income	Annual Income	5-Year Total Interest	Account Type
₹50,000	₹308/mo	₹3,700	₹18,500	Single
₹1,00,000	₹617/mo	₹7,400	₹37,000	Single
₹2,00,000	₹1,233/mo	₹14,800	₹74,000	Single
₹3,00,000	₹1,850/mo	₹22,200	₹1,11,000	Single
₹5,00,000	₹3,083/mo	₹37,000	₹1,85,000	Single
₹7,00,000	₹4,317/mo	₹51,800	₹2,59,000	Single
₹9,00,000 (max single)	₹5,550/mo	₹66,600	₹3,33,000	Single
₹12,00,000	₹7,400/mo	₹88,800	₹4,44,000	Joint
₹15,00,000 (max joint)	₹9,250/mo	₹1,11,000	₹5,55,000	Joint

🔗 Also read

POMIS Calculator — main calculator with tenure slider → POMIS interest rate history — 7.4% since Jan 2023 → POMIS vs SCSS — which gives more income? → POMIS vs FD — safety and rate comparison → RD Calculator — reinvest POMIS income to compound returns →

Reinvestment Strategy — Turn POMIS Simple Interest into Compounded Returns

POMIS pays simple interest — the ₹5,550/month from a ₹9L account sits in your savings account earning only 4% if not moved. Here's how to do better:

📘 POMIS + RD Reinvestment Strategy — ₹9L at 7.4%

POMIS monthly income	₹5,550/month
Open RD with ₹5,550/month at 6.7% (Post Office RD rate)	5-year RD
POMIS raw interest (5 yr)	₹3,33,000
RD maturity value on ₹5,550/mo for 5 yrs at 6.7%	≈ ₹3,91,000
Extra earned vs leaving in savings	≈ ₹58,000 more over 5 years

By routing monthly POMIS interest directly into a Post Office RD, you convert simple interest into compounded returns — effectively increasing your net yield from 7.4% to approximately 8.1–8.4% effective rate.

POMIS Account Types & Deposit Limits

Account Type	Maximum Deposit	Max Monthly Income	Who Can Open
Single Account	₹9,00,000	₹5,550/month	Any resident Indian 18+
Joint Account (2 holders)	₹15,00,000	₹9,250/month	Up to 3 adults jointly
Combined (single + joint share)	Max ₹9L individual share	—	Your total across accounts ≤ ₹9L

Couple strategy: Husband opens ₹9L single + Wife opens ₹9L single + Both open ₹15L joint = ₹33L total. Monthly income: ₹5,550 + ₹5,550 + ₹9,250 = ₹20,350/month combined.

✅ Use this calculator if

You are planning to open a POMIS account and want exact monthly income
You want to compare income at different investment amounts
You are a financial planner computing retirement income for a client
You want to check how much income a specific corpus generates monthly

⚠️ Important notes on calculation

Rate 7.4% is current — may change quarterly; income shown assumes rate stays constant
Tax not computed — deduct your slab rate from income for net payout estimate
Calculator assumes rate constant for 5 years for illustration only
Actual payout may vary by ₹1–₹2 due to rounding at Post Office

📋 Disclaimer & Source: POMIS interest rate of 7.4% p.a. is sourced from the Ministry of Finance, Government of India, effective Q1 FY 2026-27. Calculations assume rate remains constant for the full tenure — actual payouts may change each quarter. This calculator is for informational purposes only. · Full Disclaimer

Frequently Asked Questions

What is the monthly income on ₹9 lakh in POMIS?

At the current rate of 7.4% p.a., ₹9,00,000 in POMIS gives ₹9,00,000 × 7.4% ÷ 12 = ₹5,550 per month. Over 5 years, total interest earned = ₹3,33,000. Principal of ₹9,00,000 is returned at maturity.

What is the monthly income from ₹15 lakh in POMIS joint account?

A joint POMIS account with ₹15,00,000 at 7.4% earns ₹15,00,000 × 7.4% ÷ 12 = ₹9,250 per month. Annual income: ₹1,11,000. Total 5-year interest: ₹5,55,000. Principal returned at maturity: ₹15,00,000.

Is the POMIS monthly payout the same every month?

The payout amount is fixed as long as the interest rate doesn't change. Since POMIS rates are reviewed quarterly by the government, the monthly amount can change each quarter. This calculator assumes the current rate (7.4%) for the full 5 years as an illustration — actual income may be slightly different if rates change.

How much POMIS income is tax-free?

None — POMIS interest is fully taxable at your slab rate. Unlike PPF (tax-free), POMIS has no tax exemption on interest. If you earn ₹5,550/month (₹66,600/year) and are in the 20% tax bracket, your tax on POMIS income = ₹13,320/year, leaving net income of ₹53,280/year or ₹4,440/month effectively.

Can I invest more than ₹9 lakh for higher monthly income?

Yes — but through a joint account. A joint account with up to 3 holders allows ₹15 lakh maximum, generating ₹9,250/month. A couple can further combine individual accounts (₹9L each) + joint (₹15L) = ₹33L total for ₹20,350/month combined income. Above ₹15L in a single POMIS relationship is not possible — consider SCSS (if 60+) or bank FDs for higher corpus.