Is POMIS income taxable?

Yes — the monthly income from POMIS is fully taxable as per your income tax slab; there's no TDS deducted by the post office, but you must declare it in your return.

What happens to my principal at maturity?

The original deposit is returned in full at the end of the 5-year term; only the interest is paid out monthly during the tenure.

Home / Post Office MIS Calculator

Savings & investments

Post Office MIS Calculator

POMIS pays a fixed monthly income on a lump-sum deposit over a 5-year term — see what that income looks like.

Deposit details

Deposit amount ₹9,00,000

Interest rate (annual) 7.4%

Monthly income

Monthly payout

₹0

Deposit amount₹0

Total interest (5 years)₹0

How POMIS payout is calculated

Monthly payout = (Principal × Annual rate) ÷ 12
Fixed 5-year term, interest paid monthly and not compounded, principal returned at maturity.

POMIS has a maximum deposit limit set by the post office scheme rules, and the interest rate is revised quarterly by the government along with other small savings schemes.

Related calculators

Figures are estimates for planning purposes only and do not constitute financial advice.