Post Office Monthly Income Scheme (POMIS) is designed to help you feel financially free by providing a steady and reliable monthly income. With guaranteed returns, it ensures that your savings grow safely while giving you peace of mind. The scheme also comes with attractive benefits and tax advantages, making it an ideal choice for conservative investors. Whether planning for retirement or monthly expenses, POMIS offers financial security and stability, helping you lead a worry-free life.
This Scheme may be called the National Savings (Monthly Income Account) Scheme, 2019.
| Features | Details |
|---|---|
| Interest Rate | 7.4% p.a. |
| Payable | Monthly |
| Tenure | 5 Years |
| Minimum Investment | Rs. 1000 |
| Maximum Investment | Rs. 9 lakh (Single Account) Rs. 15 lakh (Joint Account) |
