New Delhi, 7 April 2025: If you are looking for a fixed source of income every month, then the Post Office Monthly Income Scheme (POMIS 2025) has brought a great opportunity for you. This scheme is no less than a boon especially for husband and wife, because through a joint account you can earn up to Rs 9250 every month. People in the country trust post office savings schemes more than mutual funds or SIPs, and this scheme is becoming another reason to strengthen that trust. Let us understand the nuances of this scheme and know how it can be beneficial for you.

Post Office Monthly Income Scheme: Confidence of safe investment

Post Office Monthly Income Scheme (MIS) is a savings scheme that not only keeps your deposits safe but also ensures income every month through regular interest on it. This scheme is specially designed for those who need extra money after retirement or for everyday expenses. Being backed by the government, there is zero risk in it, which makes it different from options like mutual funds.
The biggest feature of this scheme is that you can start it alone or jointly with your spouse. The investment limit in a joint account increases, which also increases your monthly income. An official of the Postal Department said, “This scheme is designed for small and medium investors so that they can avail regular income without any worry.” How to get Rs 9250 every month?
The current interest rate under POMIS 2025 is 7.4% per annum, which is paid on a monthly basis. If the husband and wife open a joint account together, a maximum of Rs 15 lakh can be deposited in it. This amount earns an annual interest of Rs 1,11,000 at the rate of 7.4%, which will come to your account every month in the form of Rs 9250. On the other hand, if you invest alone, you can deposit a maximum of Rs 9 lakh, which will give you an income of Rs 5550 every month.

The math is simple: the more the investment, the more the earnings. For example, a Delhi couple, Ramesh and Sheetal, deposited Rs 15 lakh in this scheme last year. Ramesh says, “We are getting Rs 9250 every month, which gives a big relief in our monthly expenses. This money comes on time and we do not have to worry about any risk.”

Special features of the scheme

Minimum and maximum deposit: You can start with a minimum of Rs 1000 in a single account, while the maximum limit is Rs 9 lakh. In a joint account, this limit goes up to Rs 15 lakh.

Lock-in period: The investment period is 5 years. After 5 years, you can withdraw your principal amount or reinvest it.

Payment of interest: Every month interest is deposited directly into your post office savings account, which you can easily withdraw.

Security: This is a government-backed scheme, so your money is completely safe.

How to open an account?

Opening an account in this scheme is very easy. You have to go to your nearest post office, where you have to fill the POMIS form. Along with this, Aadhar card, PAN card and two passport size photos have to be submitted. Documents of both the persons are required to open a joint account. Interest starts getting one month after the account is opened.

What are the terms?

Although this scheme is attractive, it is important to keep some things in mind. If you withdraw money before 5 years, then you may have to pay a penalty. There is a deduction of 2% on withdrawal after 1 year and before 3 years, while a deduction of 1% is applicable between 3 to 5 years. Also, there is no tax exemption on the deposit amount in this scheme and tax will have to be paid on the interest as per your income tax slab.

Why people trust?

Post Office schemes have always been a symbol of trust among the people. Financial advisor Priya Mehta says, “POMIS is great for those who want to avoid risk. Especially the option of joint account makes it more attractive for families.” Sudhir Das, a retired employee from Kolkata, said, “My wife and I deposited Rs 15 lakh. Now we get Rs 9250 every month, which is enough for us.”

Way forward

If you also want a fixed income every month, then POMIS 2025 is a golden opportunity for you. If husband and wife start it together, then it will not only keep your savings safe but will also give a good amount every month. So what are you waiting for? Go to your nearest post office and take advantage of this scheme. This small step can bring great relief in your life.