The POMIS 2025 or Post Office Monthly Income Scheme Calculator was introduced by the Indian central government. The online calculator makes it simple for investors in the scheme to assess their maturity amount from the convenience of their residence instead of having to go. All residents need to do to utilize the POMIS calculator online is type in their deposit amount time and the present interest rate—all of this will be readily accessible. The benefits of the Post Office Monthly Income Scheme are available to all Indian citizens who are continuous residents. To take advantage of the POMI Scheme citizens only need to go to the official website and complete the application.

What Is Post Office Monthly Income Scheme

To provide a safe choice for all Indian people who wish to invest their money without taking any chances, the federal government of India launched the program. In order to participate in the program each citizen may register an account for themselves or a joint account, which allows up to three residents to invest in one account. INR 1000 is the minimum deposit required within the scheme. The maximum amount that may be deposited via the scheme is INR 9 lakh, or INR 15 lakh for a combined account.

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Main Point Of Post Office Monthly Income Scheme Calculator

Main factors	Information
Program’s Name	Post Office Monthly Income Scheme Calculator
Put in Place By	Government of India
Launch Date	1987
Introduced By	Prime Minister of India
Goal	Provide investment opportunity
Beneficiaries	Citizens of India
Target Beneficiaries	Diesel who want to invest their money
Perks	High interest rate
Qualification Requirements	Permanent resident of India
Necessary Documentation	Aadhaar Card, Bank account, Post office account details
Application Process	Online
Official Web Portal
Financial Commitment
Expected Benefits	Provide an interest rate of 7.4%
Contact Number	1800 266 6868

Qualification Requirements

• The individual must hold permanent residency in India.
• A joint account can only be opened by three adults.
• A Guardian is able to create an account for a minor or an individual with mental incapacity.
• A child over the age of 10 can create a UP account in their own name.

Silent Features of Post Office Monthly Income Scheme

• Simple deposit: Thanks to the low deposit requirement of INR 1000, financially challenged individuals can also invest their money in the program.
• High interest rate: The interest rate offered by the scheme is relatively greater than that of any other savings or post office account.
• Minimal risk: Because the program is supported by the government of India, citizens did not face any risk when investing their money to earn high interest.
• Maximum limit: Every citizen wishing to invest their funds may invest up to INR 9 lakh in an individual account and INR 15 lakh in a joint account.

Post Office Monthly Income Scheme Formula

The equation for determining earnings within the program is

• (POMIS) monthly interest = Invested Amount * Annual Interest Rate/12

Interest Rates

• The existing interest rate for the Post Office Monthly Income Scheme is 7.4% annually.

Maturity and Withdrawal

• Account holders may terminate their account after five years from the opening date by submitting
• the required application form along with documents such as a passbook at the relevant post office.
• If the account holder passes away before the maturity date, the account will be permanently closed, and the full amount will be returned to the account holder’s legal nominee.
• Interest will be paid until the month prior to when a refund is issued.

Untimely Conclusiveness

• The account holder is prohibited from withdrawing any deposit from the account until one year has passed from the date of deposit.
• In the event that account holders choose to close their account after 1 year but before reaching 3 years, a deduction of 2% from the principal amount will occur, with the remaining balance being paid out.
• If the account is terminated after 3 years and before 5 years from the date it was opened, a deduction of 1% from the principal will be taken, and the balance will be paid out.
• The account holder can close the account early by submitting the required application form along with a passbook at the relevant post office.

Features of Post Office Monthly Income Scheme Calculator

• To utilize the Post Office Monthly Income Scheme Calculator, individuals must input their deposit amount and duration to determine the total amount.
• The residents need not be concerned about the current interest rate since it is automatically calculated by the device.
• The Post Office Monthly Income Scheme calculator uses the formula monthly interest = Amount Invested * Annual Interest Rate / 12 to compute income.
• Numerous websites are accessible on the Internet that offer the Post Office Monthly Income scheme calculator.

Post Office Monthly Income Scheme Calculator

• Interest Rate (%):
• Principal Amount (₹)
• Number of Years:
• Monthly Interest: ₹1,850

Benefits of Post Office Monthly Income Scheme Calculator

• Utilizing the POMI calculator, citizens can quickly verify their amount without expending any time or effort.
• The calculators will offer citizens precise results with no possibility of errors in the calculations.
• The calculator’s estimation will provide citizens with a clear understanding of how much they can expect to receive after investing a specific amount of money.
• By reviewing the returns, citizens can organize their future based on the return they expect to get.

How to Use Post Office Monthly Income Scheme Calculator

• All citizens interested in utilizing the Post Office Monthly Income Scheme Calculator are invited to visit the official website by clicking on the link provided here.
• At this point, the citizens need to input their investment amount. The system will automatically generate the period based on the investment amount.
• The monthly total will now be visible on your desktop display.

Contact Details

• Phone No:- 1800 266 6868

FAQs

What is the interest rate under the Post Office Monthly Income Scheme?

The interest rate for the Post Office Monthly Income Scheme is 7.4%.

What is the duration of the deposit in the Post Office Monthly Income Scheme?

The duration of the deposit in the Post Office Monthly Income Scheme is 5 years.

What is the equation to determine the Post Office Monthly Income Scheme?

To determine the Post Office Monthly Income Scheme, the formula is: monthly interest = Amount Invested * Annual Interest Rate/12.