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Post Office MIS Calculator
Monthly income from Post Office Monthly Income Scheme.
Enter values to see your result
Frequently asked questions
Who should invest in POMIS?
Retirees and conservative savers seeking predictable monthly income. The 5-year lock-in and ₹9L/₹15L cap make it a partial — not primary — income source.
Can I extend POMIS beyond 5 years?
Not directly. Reinvest the maturity amount into a new POMIS or switch to SCSS (higher cap, similar returns) if eligible.
Is POMIS interest tax-free?
No. Interest is fully taxable as "income from other sources", but TDS is not deducted so you must declare it.
Can I withdraw early?
Yes, after 1 year with penalty: 2% deduction if withdrawn between 1–3 years, 1% if between 3–5 years.