The Post Office Monthly Income Scheme 2026 is the most trusted and popular saving options in India. This scheme is especially for the people who want a safe investment with a stable monthly income. This scheme is designed for individuals who prefer guaranteed returns without any risk of losing their money.
This scheme provides a monthly payout that helps to manage regular expenses like medical bills, household needs or personal spending. As this investment is backed by the Government of India, it gives complete peace of mind.
Post Office Monthly Income Scheme 2026
The Post Office Monthly Income Scheme 2026 is a fixed income investment plan where the investor deposits a certain amount and gets monthly interest payouts. The deposit amount earns interest at a rate declared by the government every quarter.
The interest remains fixed once the account is opened which means even if the rate changes later the investor will continue earning the same rate for the chosen tenure. This scheme also allows single or joint accounts and nomination is also allowed so that money can be easily transferred to the nominee.
Post Office MIS Scheme 2026 Overview
| Offered By | Post Office |
| Scheme Name | Post Office Monthly Income Scheme 2026 |
| Country | India |
| Year | 2026 |
| Location | PAN India |
| Type of Scheme | Government Backed Fixed Income Scheme |
| Minimum Deposit | Rs. 1,000/- |
| Maximum Deposit | Rs. 9 Lakh in single account & Rs. 15 Lakh in joint account |
| Tenure | 5 Years |
| Interest Payout | Monthly |
| Interest Rate | 7.4% as of 4th Quarter of 2025 |
| Category | Latest News |
| Official Web Portal | https://www.indiapost.gov.in/ |
Eligibility Criteria for Post Office Monthly Income Scheme
Anyone who follows the following rules can apply for the Post Office Monthly Income Scheme 2026:
- Adults who are aged 18 or older
- Minors can apply through parents or guardians
- Single or joint account holders
- Homemakers, salaried employees and self employed persons can apply.
There is no income restriction but there are maximum deposit limits.
Minimum Income Limit: Rs. 1,000/-
Maximum Income Limit: Rs. 9,00,000 in single account and Rs. 15,00,000 in joint account.
Post Office Monthly Income Scheme Interest Rate
As of now, the interest rate has not been announced for 2026. The interest rates change every quarter depending on the government’s small savings rate updates. The interest is paid monthly. As of now, the interest rate for 5 Year Monthly Income Deposit is 7.4%. Let’s check the history of POMIS Interest Rates:
| Quarter | POMIS Interest Rate (Per Annum) |
|---|---|
| 1st Oct 2025 – 31st Dec 2025 | 7.40% |
| 1st July 2025 – 30th Sept 2025 | 7.40% |
| 1st Apr 2025 – 30th Jun 2025 | 7.40% |
| 1st Jan 2024 – 31st Mar 2024 | 7.40% |
| 1st Oct 2023 – 31st Dec 2023 | 7.40% |
| 1st Apr 2023 – 30th Jun 2023 | 7.40% |
| 1st Jan 2023 – 31st Mar 2023 | 7.10% |
| 1st Oct 2022 – 31st Dec 2022 | 7.10% |
| 1st April 2020 – 30th Sept 2020 | 6.60% |
| 1st Jan 2020 – 31st Mar 2020 | 7.60% |
| 1st Oct 2019 – 31st Dec 2019 | 7.60% |
| 1st Jul 2019 – 30th Sept 2019 | 7.60% |
| 1st Jan 2019 – 31st Mar 2019 | 7.70% |
| 1st Oct 2018 – 31st Dec 2018 | 7.70% |
| 1st Jan 2018 – 30th Sept 2018 | 7.30% |
Post Office MIS Scheme Features
- Fixed Tenure: This scheme has a 5 year fixed tenure period and after that principal can be withdrawn or reinvested.
- Flexible Account Types: Investors can open single or joint accounts.
- Nominee Benefits: Investors can also add a nominee so that the money can be withdrawn without any hassle if the investor died.
- Transfer Facility: The MIS account can be transferred between different post office branches.
Benefits of Investing in PO Monthly Income Scheme
- This scheme is safe as it offers fixed returns and is backed by the Government of India.
- This scheme provides regular monthly income as the interest is paid monthly.
- There is no TDS deduction on the income earned from the interest. It means the interest is paid fully without any tax deduction.
- There is also a nomination facility available under this scheme.
FAQs
How much can someone deposit in the POMIS Scheme in 2026?
Investors can deposit up to Rs. 9 Lakh in a single POMIS Account and Rs. 15 Lakh in Joint POMIS Account in 2026.
What is the POMIS Interest Rate 2026?
As of now, the POMIS Interest Rate 2026 has not been announced yet. As of now, the current interest rate is 7.40% per annum.
What is the Post Office Monthly Income Scheme 2026?
The Post Office Monthly Income Scheme 2026 is a government backed savings scheme that provides monthly interest income to investors for a period of 5 years.
Where can investors know more on the PO Monthly Income Scheme 2026?
Investors can know more on the PO Monthly Income Scheme 2026 via official www.indiapost.gov.in web portal.
