Post Office Monthly Income Scheme (POMIS): Complete Beginner's Guide
The ultimate beginner-friendly guide to POMIS — how to earn guaranteed monthly income from a government-backed investment with zero credit risk.
In this article
- 01What is the Post Office Monthly Income Scheme (POMIS)?
- 02Why is POMIS Popular Among Indian Investors?
- 03How Monthly Income is Calculated: Examples
- 04POMIS At a Glance
- 05Is POMIS Right for You?
- 06Eligibility
- 07Investment Limits
- 08How to Open an Account (6 Steps)
- 09Interest Rate
- 10Tenure and What Happens at Maturity
- 11Premature Withdrawal from POMIS: Rules and Penalties
- 12Taxation of POMIS: What You Need to Know
- 13Advantages of POMIS
- 14Disadvantages of POMIS
- 15POMIS vs Other Popular Investments: Side-by-Side Comparisons
- 16Real-Life Scenarios: Who Benefits Most from POMIS?
- 17Common Mistakes Investors Make with POMIS
- 18Final Verdict: Is POMIS Right for You?
1What is the Post Office Monthly Income Scheme (POMIS)?
The Post Office Monthly Income Scheme (POMIS) is one of India's most reliable government-backed investment schemes designed to provide guaranteed monthly income for 5 years. You invest a lump sum at any post office, and the Department of Posts guarantees fixed monthly income with zero credit risk.
Your capital remains completely intact throughout the 5-year tenure. At maturity, you receive your full investment back, plus all accrued interest. POMIS is a risk-free investment option and one of the safest ways to convert savings into predictable monthly income in India, especially suited for retirees and senior citizens seeking stable cash flow.
2Why is POMIS Popular Among Indian Investors?
- Guaranteed Monthly Income: Know exactly how much you will receive every month for 5 years — no surprises.
- Zero Credit Risk: Government-backed by Department of Posts with 75 years of zero defaults. Safer than all bank fixed deposits.
- No Market Volatility: Returns are fixed and locked. Share market crashes, interest rate changes, or economic downturns do not affect your income.
- Accessible & Simple: Open an account at any post office with basic documents (PAN, Aadhaar, address proof). No financial knowledge required.
- Rate Lock-In Benefit: If you invest at 7.4% current rate, you earn 7.4% for entire 5-year tenure even if rates drop in future.
- Suitable for All Ages: Unlike SCSS (senior citizens only), POMIS is available to anyone 18+, making it a flexible monthly income scheme for retirees and conservative investors.
- Flexible Withdrawals: After 3 years, withdraw 100% without penalty. This flexibility makes it attractive for medium-term planning.
3How Monthly Income is Calculated: Examples
The POMIS monthly income calculation is straightforward. Use this formula: Monthly Income = (Annual Interest Rate ÷ 12) × Investment Amount.
Example: If you invest ₹5 lakh at the current 7.4% annual rate: (7.4 ÷ 12) × 5,00,000 = ₹3,083 per month (guaranteed for 5 years).
You can use a POMIS calculator or money growth calculator tool to quickly determine your monthly income for any investment amount. Simply enter your investment sum and the tool will compute exact monthly income, annual income, and total returns at maturity.
Monthly Income Examples (at 7.4% p.a.)
| Investment | Monthly Income | Annual Income |
|---|---|---|
| ₹1,00,000 | ₹617 | ₹7,404 |
| ₹5,00,000 | ₹3,083 | ₹37,020 |
| ₹9,00,000 | ₹5,550 | ₹66,636 |
| ₹15,00,000 (joint) | ₹9,250 | ₹1,11,000 |
4POMIS At a Glance
Key Details
| Feature | Details |
|---|---|
| Interest Rate | 7.4% p.a. (fixed for 5 years) |
| Tenure | 5 years lock-in |
| Payment | Monthly to bank account |
| Min/Max | ₹1,500 / ₹9L (single) or ₹15L (joint) |
| Risk | Zero (government-backed) |
| Tax | Interest taxed as income; 10% TDS if annual interest > ₹2,500 |
| Early Withdrawal | Year 1: No. Year 2: 25% allowed. Year 3+: Full allowed (no penalty) |
| Who Can Invest | Resident Indians (18+) — not for NRIs |
Government-Backed Safety
Issued by Department of Posts with 75 years of zero defaults. Unlike bank FDs (protected only up to ₹5 lakh per bank), POMIS has no limit. Invest ₹1 lakh or ₹9 lakh — every rupee is fully safe.
Fixed Monthly Income
Your rate is locked for 5 years. Invest at 7.4%, earn 7.4% for entire 5 years — even if rates drop to 6% later. You know exactly what to expect each month.
Single vs Joint Account
- Single: ₹9 lakh max.
- Joint (2 holders): ₹15 lakh max. Couples can invest more by using joint account.
Tenure and Maturity
Fixed 5-year tenure. After 5 years: withdraw capital, reinvest in new POMIS at current rate, or transfer to another scheme.
Nomination and Transfer
- Nominate a family member — they get the account if anything happens to you.
- Transfer account to another post office if you relocate — free and simple.
5Is POMIS Right for You?
Best suited for: Retirees, senior citizens, conservative investors needing monthly income and zero market risk.
- NOT ideal for: Young investors (build wealth via equity funds instead), growth seekers, those needing liquidity within 5 years, high earners (post-tax return too low), or NRIs.
6Eligibility
- Resident Indians only (18+ years) — NRIs cannot invest.
- Joint accounts allowed (two adults). Minors via guardian (guardian controls until age 18).
7Investment Limits
Single account: ₹1,500–₹9 lakh. Joint account: ₹1,500–₹15 lakh. If investing ₹20+ lakh, split between POMIS and other schemes (RBI Bonds, SCSS, FDs).
8How to Open an Account (6 Steps)
Step 1: Visit a post office offering POMIS (usually city center branches).
Step 2: Bring ID (PAN/Aadhaar), address proof, 2 photos. For minors: guardian's documents.
Step 3: Fill the account opening form with personal & nominee details.
Step 4: Pay investment via cash/cheque/DD. Cheque clears in 3–5 days.
Step 5: Receive passbook with account number, maturity date, monthly income amount.
Step 6: Monthly income credited to your bank account (usually by month-end).
9Interest Rate
Current rate (June 2026): 7.4% p.a. (subject to change). Your rate is locked for 5 years after investment — changes do not affect existing investors.
New investors following you will get the updated rate; reinvestment at maturity uses the rate at that time.
10Tenure and What Happens at Maturity
POMIS has a fixed 5-year tenure. Here's what happens at the end:
POMIS Maturity Timeline
| Time Period | What Happens | Your Capital | Monthly Income |
|---|---|---|---|
| Year 1–5 (Tenure) | You invest the money; monthly income is paid to you. | Locked; remains with post office. | Receives ₹X every month. |
| End of Year 5 (Maturity Date) | Your account matures. 5 years are over. | Your full capital is returned to you. | Monthly income stops. |
| Option 1: Withdraw | You collect your capital and close the account. | Received in full. | Ends. |
| Option 2: Reinvest | You immediately open a new POMIS account with the same amount. | Locked again for 5 years. | Starts again with new rate. |
| Option 3: Switch | You move the amount to another government scheme (SCSS, FD, etc.). | Transferred to new scheme. | Depends on new scheme. |
11Premature Withdrawal from POMIS: Rules and Penalties
What if you need your money before 5 years? POMIS allows early withdrawal, but with conditions:
POMIS Premature Withdrawal Rules
| Withdrawal After | Withdrawal Allowed? | Penalty / Condition |
|---|---|---|
| Before 1 Year | No | Not allowed. No early withdrawal permitted. |
| After 1 Year but Before 3 Years | Yes (partial) | You can withdraw up to 25% of your capital. No penalty, but monthly income on withdrawn amount stops. |
| After 3 Years | Yes (full or partial) | You can withdraw 100% of your capital. No penalty. Monthly income on remaining amount adjusts proportionally. |
| After 4 Years | Yes | Same as after 3 years — no penalty. |
| At 5 Years (Maturity) | Yes | Account fully matures. Full capital and accrued interest returned. |
Withdrawal Examples
Example: You invested ₹5 lakh and need money after 2 years. You can withdraw 25% (₹1.25 lakh) without penalty. Your monthly income drops from ₹3,083 to ₹2,313 (based on remaining ₹3.75 lakh). The ₹1.25 lakh withdrawn is just your capital — no penalty.
Another example: After 3.5 years, you want all your money. You can withdraw the full ₹5 lakh with no penalty. Monthly income stops entirely.
This flexibility (especially after 3 years) makes POMIS more practical than bank FDs with rigid lock-in periods.
12Taxation of POMIS: What You Need to Know
POMIS is not a tax-free investment. Your interest income is fully taxable. Let's break it down:
- No Tax Deduction: Unlike certain schemes like ELSS or some insurance products, POMIS does NOT qualify for any tax deduction under Section 80 of the Income Tax Act. Your ₹5 lakh investment gives no tax benefit.
- Interest is Taxable: The monthly income you receive is taxed as per your income slab. If you are in the 20% slab, ₹3,083 monthly interest is taxed at 20%.
- TDS (Tax Deducted at Source): If your annual interest exceeds ₹2,500, the post office deducts 10% TDS from your monthly payment. For example, if annual interest is ₹37,000, ₹3,700 TDS is deducted, and you receive ₹33,300 net.
Tax Impact Example: ₹5 Lakh POMIS Investment
| Item | Value |
|---|---|
| Annual Interest (at 7.4%) | ₹37,020 |
| Monthly Interest | ₹3,085 |
| TDS at 10% (if annual interest > ₹2,500) | ₹3,702 |
| Actual Monthly Received (post-TDS) | ₹3,098 |
| If You Are in 20% Slab: Additional Tax Due at ITR | ₹1,851 (20% of ₹37,020) minus ₹3,702 TDS = Nil (over-deducted); you get refund |
| If You Are in 30% Slab: Additional Tax Due at ITR | ₹11,106 (30% of ₹37,020) minus ₹3,702 TDS = ₹7,404 payable |
| Post-Tax Return (after 30% tax) | ₹25,914 annual interest = 5.2% effective return |
Key Tax Insights
- TDS is 10% (automatic deduction). This is helpful because it ensures partial tax payment upfront.
- Your actual tax liability depends on your income slab. At ITR filing, if you owe more tax, you pay it. If you overpaid via TDS, you get a refund.
- High-income earners (30% slab): Your post-tax return drops from 7.4% to ~5.2%. POMIS is less attractive for high earners.
- Low-income earners (5% or nil slab): After tax, your return is higher. POMIS is more attractive.
- Seniors with no other income: If POMIS is your only income source and your total income is below the taxable limit, you may owe zero tax.
13Advantages of POMIS
- Guaranteed monthly income — no surprises, perfect for retirees.
- Zero credit risk — safer than banks; no DICGC ₹5L limit.
- No market volatility — returns fixed regardless of economic conditions.
- Rate lock-in — invest at 7.4%, earn 7.4% for full 5 years.
- Partial withdrawal after 3 years (no penalty) — some liquidity in emergencies.
- Simple and accessible — open at any post office, no demat account needed.
- Nomination facility — heirs get account without legal complications.
14Disadvantages of POMIS
- Below-inflation returns — 7.4% barely matches inflation; post-tax return ~5.2%, below inflation.
- No capital growth — you get back exactly what you invested (plus interest). Slow for wealth building.
- Investment cap — limited to ₹9L (single) or ₹15L (joint). Need alternative schemes for larger amounts.
- Heavy taxation for high earners — post-tax return only 5.2% in 30% tax slab.
- 5-year lock-in — cannot access capital before year 1; year 2-3 withdrawal limited to 25%.
- No tax benefits — zero deduction under Section 80; interest fully taxable.
- Reinvestment risk — at maturity, rates may be lower; locking-in low returns possible.
15POMIS vs Other Popular Investments: Side-by-Side Comparisons
Deciding between POMIS and other government schemes or fixed income options? Use financial calculators (FD calculator, RD calculator, money growth calculator, SIP calculator) to compare returns across schemes at your investment amount. Below are detailed comparisons to help you choose the right scheme for your needs and risk profile.
POMIS vs Fixed Deposit (Bank FD)
Winner: If you need monthly income and can lock funds for 5 years, POMIS wins. If you need flexibility and loan options, Bank FD wins.
POMIS vs Fixed Deposit: Detailed Comparison
| Factor | POMIS | Bank FD |
|---|---|---|
| Issuer / Safety | Government of India (zero credit risk) | Individual bank (protected up to ₹5 lakh by DICGC) |
| Current Rate (June 2026) | 7.4% p.a. | HDFC: 6.5% | SBI: 6.5% | Axis: 6.75% | ICICI: 6.5% |
| Tenure Flexibility | Fixed 5 years | Multiple options: 7 days to 10 years |
| Payment Frequency | Monthly | At maturity (or quarterly/half-yearly option depending on bank) |
| Loan Against | Can pledge in some cases | Easily available at 80–90% of FD amount |
| Early Withdrawal | Before 1 year: Not allowed. After 1 year: 25% allowed. After 3 years: Full allowed (no penalty). | Anytime: Allowed, but penalty of 0.5–1% on interest. |
| Minimum Amount | ₹1,500 | ₹5,000–₹10,000 (varies by bank) |
| Maximum Amount | ₹9 lakh (single); ₹15 lakh (joint) | Unlimited; each FD above ₹5 lakh is at risk if bank fails |
| Tax Treatment | Interest taxed at slab rate; 10% TDS if interest > ₹2,500 | Interest taxed at slab rate; TDS varies (10%, 20%, 30%) |
| Nomination | Yes | Yes |
| Accessibility | Post office; slower process | Bank branch; faster, online opening available |
| Best For | Retirees needing monthly income; conservative investors | Short-term goals; need flexibility; want loan against FD |
POMIS vs Senior Citizen Savings Scheme (SCSS)
Key Difference: SCSS pays 8.2% (higher) but only quarterly. POMIS pays 7.4% monthly. For seniors, SCSS is often better due to higher rate and higher investment cap (₹30 lakh vs ₹9 lakh).
Recommendation: If you are 60+, go with SCSS. If you are younger or need monthly income urgently, go with POMIS.
POMIS vs Senior Citizen Savings Scheme (SCSS): Head-to-Head
| Factor | POMIS | SCSS |
|---|---|---|
| Eligibility Age | Any age (Resident Indian) | 60+ years (or 55+ if retired) |
| Interest Rate (June 2026) | 7.4% p.a. | 8.2% p.a. |
| Tenure | 5 years | 5 years (extendable for 3 more years) |
| Payment Frequency | Monthly | Quarterly |
| Minimum Investment | ₹1,500 | ₹1,000 |
| Maximum Investment | ₹9 lakh (single); ₹15 lakh (joint) | ₹30 lakh (individual) |
| Loan Against Account | Not easily available | Available from year 2 onwards (up to 75% of balance or previous year balance) |
| Early Withdrawal | Year 1: Not allowed. Year 2: 25%. Year 3+: Full allowed. | Year 1: Not allowed. Year 2: 50% allowed. Year 4+: Full allowed. |
| Tax Deduction | No | No |
| Who Should Invest | Anyone needing monthly income | Seniors (60+) needing higher returns + flexibility |
| Best Use Case | Retiree with regular monthly expenses | Senior with large corpus (₹20+ lakh) who can absorb higher returns |
POMIS vs RBI Floating Rate Savings Bonds (FRSB)
POMIS vs RBI Floating Rate Savings Bonds (FRSB)
| Factor | POMIS | FRSB 2020 |
|---|---|---|
| Issuer | Government of India (Post Office) | Government of India (RBI) |
| Interest Rate (June 2026) | 7.4% fixed p.a. | 8.05% floating p.a. |
| How Rate Works | Fixed for 5 years | Resets every 6 months based on G-Sec yields |
| Tenure | 5 years | 7 years (minimum lock-in) |
| Payment Frequency | Monthly | Half-yearly (every 6 months) |
| Minimum Investment | ₹1,500 | ₹1,000 |
| Maximum Investment | ₹9 lakh (single) | No upper limit |
| Early Withdrawal | Year 1: No. Year 2: 25%. Year 3+: Yes without penalty. | Year 3–7: Can sell in secondary market (price varies). No direct redemption allowed. |
| Form | Paper passbook | Held in Demat account |
| Buy Via | Post office | Banks, RBI website, brokers |
| Monthly Income? | Yes | No (interest paid every 6 months) |
| Ideal For | Monthly income needs | No monthly income needed; higher rates; large corpus (₹15+ lakh) |
FRSB vs POMIS Verdict
Verdict: POMIS wins if you need monthly income. FRSB wins if you want a higher rate, no monthly income requirement, and can absorb a 7-year lock-in.
POMIS vs Debt Mutual Funds
POMIS vs Debt Mutual Funds (Liquid or Short-Term)
| Factor | POMIS | Debt Mutual Fund |
|---|---|---|
| Issuer | Government | Fund manager (invests in bonds, FDs, T-Bills) |
| Safety | Zero credit risk | Low (no guarantee; depends on fund holdings) |
| Returns (Current) | 7.4% fixed p.a. | 6–7% p.a. (varies; not guaranteed) |
| Volatility | None | Low (prices fluctuate daily) |
| Liquidity | Locked 5 years | Can redeem daily (T+1 settlement) |
| Expense Ratio | None (₹0) | 0.25–0.50% p.a. |
| Investment Amount | ₹1,500 minimum | ₹500 minimum; unlimited max |
| Returns Guaranteed? | Yes, fixed | No, variable |
| Tax Efficiency | Slab rate tax on interest | LTCG (12.5% after 3 years) or STCG (slab rate) |
| Payment Frequency | Monthly | No fixed payment; need to redeem for cash |
| Who Should Invest | Retirees; risk-averse | Conservative investors wanting liquidity and tax efficiency |
Debt Mutual Funds vs POMIS Verdict
Verdict: POMIS is safer and pays monthly. Debt mutual funds offer liquidity and better tax efficiency (LTCG) if held for 3+ years. For long-term capital preservation with growth, debt funds win. For monthly income with no volatility, POMIS wins.
16Real-Life Scenarios: Who Benefits Most from POMIS?
Scenario 1: Retired Couple Seeking Monthly Income
Rajesh and Meera, both 62, retired after 35 years of work. They have a combined gratuity and savings of ₹25 lakh. Their monthly household expenses are ₹40,000. They need guaranteed monthly income to cover rent, medicines, groceries, and utilities.
Solution: Invest ₹15 lakh in a joint POMIS account (upper limit). At 7.4% interest, they earn ₹9,250 monthly, covering most of their expenses. Remaining ₹10 lakh goes into RBI Bonds (₹10 lakh invested, ₹6,700 every 6 months). Together, POMIS + RBI Bonds cover their ₹40,000 monthly need.
Why POMIS? Fixed monthly amount is predictable. They sleep well knowing ₹9,250 hits their bank account every month without fail.
Scenario 2: Conservative Investor Parking ₹5 Lakh
Amit, 45, works in IT. He has ₹5 lakh as an emergency fund (3 months of expenses). He doesn't want to risk this money in the stock market but is frustrated with bank FDs giving only 6.5%.
Solution: Invest ₹5 lakh in POMIS at 7.4%. He receives ₹3,083 monthly, which he doesn't need, so he saves it. After 5 years, his original ₹5 lakh is intact, and he's accumulated an extra ₹1.85 lakh in interest. His emergency fund is still there, but it's grown.
Why POMIS? Better than FD rate, absolutely safe, and monthly interest accumulation increases his corpus.
Scenario 3: Senior Investor with ₹10 Lakh (Maxing Out)
Priya, 72, receives a pension of ₹25,000/month. She has just received ₹10 lakh as insurance maturity proceeds. Her pension covers living expenses. She wants safe growth.
Issue: She cannot put all ₹10 lakh in POMIS (max ₹9 lakh). She cannot put it all in SCSS (she already maxed it out at ₹30 lakh years ago).
Solution: Invest ₹9 lakh in POMIS (earns ₹5,550 monthly, which she saves) and ₹1 lakh in a bank FD (6-month tenor for flexibility). The monthly POMIS income supplements her pension, building an extra corpus.
Why POMIS? Uses the upper limit. Remaining ₹1 lakh stays liquid in short-term FDs.
Scenario 4: Investor Seeking Partial Liquidity (3-Year Outlook)
Vikram, 50, has ₹12 lakh from a business exit. He may need some money in 2–3 years for his daughter's wedding but wants safe income in the meantime.
Issue: A strict 5-year lock (like bank FD or G-Secs) is risky.
Solution: Invest ₹9 lakh in POMIS (₹5,550/month income to save). After 3 years, he can withdraw the full ₹9 lakh without penalty to pay for the wedding. The remaining ₹3 lakh is invested in a liquid mutual fund (redeemable daily).
Why POMIS? After-3-year withdrawal flexibility. He gets monthly income during the wait and assured liquidity when needed.
17Common Mistakes Investors Make with POMIS
Here are the top mistakes people make and how to avoid them:
- Mistake 1: Thinking POMIS is Completely Tax-Free. It is not. Interest is taxable. Many retirees invest believing the income is tax-free and face a surprise at ITR time.
- Correction: Factor in tax. At 30% tax slab, your post-tax return is only 5.2%. Be realistic about net returns.
- Mistake 2: Investing Large Amounts in Expectation of High Returns. A ₹10 lakh POMIS earns ₹7.4% = ₹74,000/year. It is not a shortcut to wealth. It is capital preservation + modest income.
- Correction: Do not view POMIS as a growth tool. Use it for income, not growth.
- Mistake 3: Neglecting to Nominate. Some investors never fill in the nomination form. On their death, the account becomes locked in legal proceedings for years.
- Correction: Always nominate a family member. It is a 5-minute task.
- Mistake 4: Forgetting the Maturity Date. Your 5-year account matures on a specific date. If you forget, you may miss reinvestment opportunities or let money sit idle.
- Correction: Mark the maturity date on your calendar. Contact the post office 30 days before to decide on reinvestment or withdrawal.
- Mistake 5: Opening Multiple Accounts to Bypass the ₹9 Lakh Limit. Some try to open accounts in different names (wife, children) to invest more than ₹9 lakh. This is allowed, but becomes complex at tax time.
- Correction: Use a joint account instead. Two people can invest ₹15 lakh in one account — simpler and cleaner.
- Mistake 6: Ignoring Early Withdrawal Options After Year 3. Many believe POMIS is completely locked until year 5. After year 3, you can withdraw fully without penalty. Many miss this option when they need money.
- Correction: Know your options. If an emergency arises after year 3, you can fully withdraw.
18Final Verdict: Is POMIS Right for You?
POMIS is right for you if:
- You are retired or nearing retirement and need monthly income.
- You are risk-averse and cannot tolerate market volatility.
- You have a lump sum (₹1.5 lakh to ₹9 lakh) and a 5-year lock-in horizon.
- You are in a lower tax bracket (5% or 20%) where post-tax returns remain attractive.
- You want absolute certainty: same amount every month, guaranteed.
POMIS is NOT right for you if:
- You are young (under 40) and building wealth. Growth investments (equity mutual funds, stocks) will serve you better.
- You need liquidity. POMIS locks your money for 5 years with early-withdrawal penalties.
- You are in the 30% tax bracket. Post-tax returns (~5.2%) are too low compared to alternatives.
- You want capital growth. POMIS returns your capital unchanged; it is not a growth tool.
- You are a high-income earner. For you, tax-efficient options (debt mutual funds with LTCG treatment, RBI Bonds) are better.
Summary
In summary: POMIS is the choice of India's retirees and conservative savers. It is not glamorous, but it is safe, simple, and reliable. For anyone who has worked hard and now wants a predictable, risk-free monthly income, POMIS is often the best choice.
Key Takeaways
- 1POMIS is a government-backed investment offering guaranteed monthly income for 5 years — zero credit risk.
- 2At 7.4% annual interest, a ₹5 lakh investment generates ₹3,083 monthly. Your capital remains intact.
- 3Eligibility: Resident Indians of any age. Minimum ₹1,500; maximum ₹9 lakh (single) or ₹15 lakh (joint).
- 4Open an account at any post office with PAN, address proof, and photographs. Process takes 3–5 days.
- 5Interest is taxable at your slab rate; 10% TDS applies if annual interest > ₹2,500. Post-tax return at 30% slab: ~5.2%.
- 6You cannot withdraw before 1 year. After 1 year: 25% allowed. After 3 years: full withdrawal allowed (no penalty).
- 7POMIS is ideal for retirees, senior citizens, and conservative investors seeking predictable monthly income.
- 8Not suitable for young investors (too slow for growth), high earners (post-tax returns too low), or those needing liquidity.
- 9POMIS vs SCSS: SCSS pays higher (8.2%), but only quarterly and limited to seniors. POMIS pays monthly, any age.
- 10POMIS vs RBI Bonds: POMIS pays monthly at fixed 7.4%. RBI Bonds pay semi-annually at 8.05% (higher but no monthly income).
- 11For a large retirement corpus (₹20+ lakh), combine POMIS (₹15 lakh) with RBI Bonds or FDs for the remainder.