The Post Office Monthly Income Scheme (POMIS) is a trusted medium to save in India. As a government scheme, POMIS provides a highly lucrative proposition for those very few cautious small investors out there desiring a fixed return. In 2026, the scheme continues to call out to the earning population, the senior citizens, and the conservative investors, thanks to its reliability and guaranteed payouts. In this year, it opened a sachet once more to subscribers.
Interest Rate available 2026
The rate of interest cumulatively up to the last day of March 2026, for the quarter commencing January 1, 2026, stands at 7.4% compounded annually for schemes like Post Office Monthly Income Scheme. This interest rate gets calculated on a monthly basis and is solidly credited to the depositor’s account each month, ensuring that the spectrum of money also comes from the postal system. Among other nation-saving plans, POMIS is one that stands out due to guaranteed return and the unilateral stamp from the Government of India.
Deposit limits
The scheme asks for a minimum deposit of ₹1,000, making it affordable for small investors. The maximum deposit limits are ₹9 lakh for single accounts and ₹15 lakh for joint accounts. These limits have been revised recently to encourage greater participation and to provide enhanced planning and saving options to families striving for long-term financial goals.
Maturity Period
Being a five-year-long scheme, one can withdraw the principal amount upon maturity or reinvest it in another postal scheme. Thus, this scheme is useful for medium-term financial planning, most likely for retirees and also for households that are seeking regular income.
Tax Benefits
Interest earned under POMIS is taxable while the principal investment, for instance, can allow deductions that serve the purpose cited above. Section 80C obtainatively gives such deductions up to an extent of ₹1.5 lakh; thus, the scheme is not just monthly income but also a planned way to evade tax.
Why Choose POMIS in 2026
In 2026, the investment in the Post Office Monthly Income Scheme will continue to be the favourite because of the safety and surety that comes with the product, besides being accessible to the investor. Unlike market-based investments, stability thanks to no-liquid state volatility, broadly speaking, should provide the utmost comfort for anxious investors. Senior citizens, in particular, find it quite beneficial, partly because it serves as a supplementary income to meet their recurring expenses.
Comparison of Key Features
| Feature | Details (2026) |
|---|---|
| Interest Rate | 7.4% per annum |
| Minimum Deposit | ₹1,000 |
| Maximum Deposit (Single) | ₹9 lakh |
| Maximum Deposit (Joint) | ₹15 lakh |
| Maturity Period | 5 years |
| Tax Benefit | Section 80C deduction up to ₹1.5 lakh |
Conclusion
ï The Post Office Monthly Income Scheme 2026 is still a reasonable choice for a significant number of our countrymen. With an attractive 7.4% fixed rate, a pretty wide spread as far as deposit limits go, government-regulated security, relatively lofty balances- financially stable with a peace of mind. For those interested in predictable monthly income and the sure refuge of risk, POMIS remains one of the logical choices in 2026.