North India Statesman
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Post Office Monthly Income Scheme is a safe investment option supported by the Government of India, which provides a fixed interest rate to investors every month. The scheme is particularly ideal for retired individuals, senior citizens and regular income seekers with low risk. This scheme, which comes with a 5-year lock-in period, is safe and reliable with government guarantee.
How much interest will you get per month on investment of Rs 2,00,000?
The MIS scheme of the post office pays interest every month at an annual interest rate of 7.4% for the financial year 2025-26. If you invest Rs 2,00,000, then how much interest you will get every month, it is calculated as follows.
Monthly interest = (investment amount × annual interest rate) ÷ 12
= (2,00,000 × 0.074) ÷ 12
= 14,800 ÷ 12
= 1,233 (approx)
Thus, you will get an interest of about 1,233 per month on an investment of 2,00,000. Over a period of 5 years, you will get an interest of a total of 73,980 (1,233 × 60 months), and on maturity you will get your original investment of 2,00,000 back.
The main features of the POMIS scheme
Minimum investment: 1,000 (and then in multiples of 1,000).
Maximum investment: 9,00,000 for single account and 15,00,000 for joint account.
Lock-in period: fixed period of 5 years.
Premature withdrawal facility: Withdrawal is possible with a fine of 2% between 1 year and 3 years and with a fine of 1% between 3 and 5 years.
Safe and guaranteed returns- Since this scheme is supported by the government, it is free from market risk and your capital is safe. Tax deduction is not available under Section 80C on investment in Pomis. The earned interest is taxable, but the TDS deduction does not apply. The account can be transferred from one post office to another. Nominee feature is available, which gives the nominee the amount after the death of the investor.
Who can invest?
Citizens of India. Children above 10 years of age (account can be opened by guardian).
Single or joint account (maximum 3 adult holders).
NRIs (NRIs) cannot invest in this scheme.
How to open a pomis account?
Documents: Aadhaar card and PAN card (compulsory). Evidence of address (utility bill, passport, voter ID card etc.). Proof of photo and date of birth (especially for minor accounts).
Process: Go to your nearest post office and fill the form of opening an MIS account. Submit the required documents and submit the investment amount (by cash or check). After opening the account, you can withdraw interest from the post office every month or transfer it to your bank account through ECS.
Why choose pomis?
Regular income: fixed interest every month, which is ideal for post -retirement expenses.
Government guarantee: Market risk -free, your investment is completely safe.
Flexibility: Facilities like account transfer and enrollment.
Simple procedure: Less documents and simple account opening process.
Post Office Monthly Income Scheme is a great option for investors who want regular income with low risk. You will get interest of Rs 1,233 per month on an investment of Rs 2,00,000, which will continue for 5 years and on maturity you will get your original investment back. The scheme is simple, safe and reliable, especially suitable for senior citizens and regular income seekers.
