• Notification Date: 27-01-2025
• Notification No: N/A

Post Office Monthly Income Scheme (POMIS) Rate for January to March 2025: A Safe Investment for Accrued Monthly Returns

Post Office Monthly Income Scheme is a secured investment scheme guaranteed by the government with an assured regular monthly income. The rate of interest on POMIS for the January to March Quarter of 2025 is pegged at 7.4 percent per annum compounded monthly. It is exactly the same interest rate as of the previous quarter of October–December 2024.

Under POMIS one invests a lump sum amount for 5 years and enjoys monthly interest on his deposit. The amount invested is returned at maturity in full. This scheme suits the retired, senior citizens and for income seekers with moderate risk to capital.

The interest offered is at a rate of 7.4% per annum that is paid month-wise. In order to open an account in POMIS, a depositor must put in at least 1,000 and every subsequent deposit shall be in multiple of 1,000. Individual account limits maximum investment up to 9 lakhs while that of joint accounts up to 15 lakhs. Interest gained on investment goes through the slabs of the income tax paid by the depositors.

Investment and Withdrawal

The POMIS account can be opened at any post office with a minimum deposit of 1,000. The principal is refunded on maturity after 5 years. In case the depositor or the person covered by the account holder dies before maturity, the principal amount would be returned back to the nominee or the legal heirs, and up to the month of death, interest is paid on the same.

For over-deposits, the surplus will be repaid and will earn interest at the Post Office Savings Account rate.

POMIS continues to be in demand for those seeking low-risk, fixed-income products with the benefits of monthly returns and a risk-free investment platform backed by the government.