Latest interest rate of Post Office Monthly Income Scheme (POMIS) for January -March 2025
Post Office Monthly Income Scheme (POMIS) is a government-backed investment plan offered via India Post. It is designed for individuals seeking a safer, fixed, and reliable monthly income. The government revises interest rates of POMIS along with other small savings schemes every quarter.
Post Office Monthly Income Scheme interest rate: What is the latest interest rate?
The interest rate is 7.4% per annum for the quarter January – March 2025 payable monthly. Interest is paid on completion of a month from the date of opening and so on till maturity.
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«The rate of interest on various Small Savings Schemes for the fourth quarter of FY 2024-25 starting from 1st January, 2025 and ending on 31st March, 2025 shall remain unchanged from those notified for the third quarter (1st October, 2024 to 31st December, 2024) of FY 2024-25,» said the Department of Economic Affairs, Finance Ministry, via a press release dated December 31, 2024.
Post Office Monthly Income Scheme details
Under this scheme, investors deposit a lump sum amount for a tenure of 5 years and earn monthly interest on their deposit at a predetermined rate. The principal amount is returned in full at the end of the tenure. With moderate returns and no risk to capital, POMIS is particularly popular among retirees,
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