If you’re looking for a safe, government-backed investment that gives you monthly income, then the Post Office Monthly Income Scheme (POMIS) is the best option for conservative investors. Here’s how you can earn ₹4,490 every month from an investment of ₹1,00,000 or more.
✅ What is POMIS (Post Office Monthly Income Scheme)?
- A savings scheme run by the Government of India
- Offers guaranteed fixed interest every month
- Available at all post offices across India
✅ Current Interest Rate (As of April–June 2025)
- 7.4% per annum
- Paid out monthly
- If you invest ₹1,00,000:
₹1,00,000 × 7.4% ÷ 12 = ₹616/month
So, to earn ₹4,490/month, you need to invest approx. ₹7,30,000.
✅ Key Features:
| Feature | Details |
|---|---|
| Interest Rate | 7.4% per annum (paid monthly) |
| Minimum Investment | ₹1,000 |
| Maximum Limit | ₹9 lakh (individual) / ₹15 lakh (joint) |
| Tenure | 5 years |
| Risk Level | Zero risk – Government-backed |
| Tax Benefit | No tax benefit on investment or interest |
| Early Withdrawal | Allowed with penalty after 1 year |
✅ Example Calculation
| Investment | Monthly Income |
|---|---|
| ₹1,00,000 | ₹616 |
| ₹5,00,000 | ₹3,083 |
| ₹7,30,000 | ₹4,490 |
| ₹9,00,000 | ₹5,550 |
✅ How to Open POMIS Account
- Visit your nearest Post Office
- Submit:
- KYC documents (Aadhaar, PAN, Address proof)
- Passport-size photo
- Filled Form-1
- Deposit amount via cash, cheque, or transfer
- Nomination facility available
✅ Who Should Invest?
- Retired individuals
- Homemakers
- Risk-averse investors
- People needing fixed monthly income