Post Office Monthly Income Scheme (POMIS) interest rate for October 2025: What you need to know

POMIS account offers a monthly income against a lump sum deposit to investors. Currently offered only by the Post Office, the scheme is very popular among senior citizens.

The POMIS account will continue to offer offer 7.4% interest payable monthly to account holders. The Government had kept the interest rate unchanged for the July-September quarter of FY26.

Who is eligible to open a POMIS account?

The POMIS account in post office can be opened by the following:

• A single adult

• Joint Account (up to 3 adults)

• A guardian on behalf of a minor or on behalf of a person of unsound mind

• A minor above 10 years in his own name.

The post office scheme allows a minimum investment of ₹1000, but the maximum investment limit is capped at ₹9 lakh in a single account and ₹15 lakh in a joint account.

An individual can invest a maximum of ₹9 lakh in MIS (including his share in joint accounts).

Calculation shows that an investment of ₹9 lakh in a POMIS account can give a monthly interest of ₹5500. Further, an investment of ₹15 lakh in a joint POMIS account can give ₹9250 per month as interest income.

POMIS interest rate: Brief history

The POMIS interest rate has remained unchanged at 7.4% since April 1, 2023. However, a revision of interest rate for the monthly income scheme along with other small savings schemes, was expected on September 30.

The interest rates of small savings schemes like POMIS, KVP, SCSS, NSC, PPF, Post Office Time Deposit, and SSY are decided based on the secondary market yields of G-secs of comparable maturities plus 0.25%. However, the Finance Ministry has in past kept the POMIS interest rate higher than what the formula suggests.