A government-backed savings option for residents of Telangana (and all of India), the Telangana Post Office Monthly Income Scheme 2026 (POMIS) allows you to deposit a lump sum and receive a fixed monthly interest payment for five years. The interest rate is set quarterly and is currently 7.4% annually. Higher investment limits and flexible transfers between post office branches are made possible by this safe investment plan, which is provided by India Post and can be opened as a single or joint account. With a guaranteed interest rate of 7.4% annually that is paid out each month, the Telangana Post Office Monthly Income Scheme 2026 provides a reliable and safe investment choice. This plan is perfect for people who want a steady income, especially homemakers and retirees. Read this article and learn about the Telangana Post Office Monthly Income Eligibility 2026 along with other necessary details.
Telangana Post Office Monthly Income Scheme 2026
The Telangana Post Office Monthly Income Scheme 2026 (POMIS) is a government-sponsored savings plan that enables citizens of Telangana (and all of India) to make a lump sum deposit and receive a fixed monthly interest payment for five years. The interest rate, which is now 7.4% annually, is set quarterly. India Post offers a safe investment plan that can be opened as a single or joint account, allowing for higher investment limits and flexible transfers between post office branches. The Telangana Post Office Monthly Income Scheme 2026 offers a dependable and secure investment option with a guaranteed interest rate of 7.4% annually that is paid out each month. For those seeking a reliable source of income, this plan is ideal, particularly for retirees and stay-at-home moms. The Telangana Post Office Monthly Income Eligibility 2026 and other pertinent information are covered in this post.
Overview Of Telangana Post Office Monthly Income Scheme 2026
| Article | Telangana Post Office Monthly Income Scheme 2026 |
| Country | India |
| Year | 2026 |
| Category | Yojana |
| Telangana Post Office Monthly Income Eligibility 2026 | Refer to the article |
| Official Website | https://www.indiapost.gov.in/ |
Telangana Post Office Monthly Income Scheme 2026: Eligibility Criteria
The Telangana Post Office Monthly Income Eligibility 2026 criteria are as follows:
- Age: Applicants must be at least 18 years old. Minors above 10 years can also open an account with a guardian.
- Residency: Only resident Indians are eligible to apply. NRIs are not eligible for this scheme.
- Account Holders:
– Single Account: Can be opened by a single adult.
– Joint Account: Can be opened jointly by up to 3 adults.
– Minor Account: A guardian can open an account on behalf of a minor above 10 years.
- Investment Limit:
– Single Account: Maximum deposit of ₹9 lakhs.
– Joint Account: Maximum deposit of ₹15 lakhs.
This scheme provides a stable monthly income with a fixed interest rate of 7.4% per annum, making it suitable for retirees, homemakers, and those seeking regular income.
What Are the Benefits of the Telangana Post Office Monthly Income Scheme in 2026?
The Telangana Post Office Monthly Income Scheme 2026 offers several benefits, making it an attractive option for investors seeking regular income with minimal risk.
- Steady Monthly Income: Earn a fixed monthly income, ideal for retirees, homemakers, or those seeking regular returns.
- Low-Risk Investment: Backed by the Government of India, this scheme provides capital protection and low risk.
- Competitive Interest Rate: Offers an interest rate of 7.4% per annum, payable monthly.
- Accessibility: Widely available across post offices in Telangana and India, making it easily accessible.
- Flexibility: Allows joint accounts with up to 3 adults and minor accounts with guardians.
- Transferability: Accounts can be transferred from one post office to another anywhere in India.
- Nomination Facility: Allows nomination of a beneficiary to receive benefits in case of the investor’s demise.
- No TDS: No Tax Deducted at Source on interest earned.
- Tax Implications: Interest earned is taxable, but senior citizens can claim a tax exemption of up to ₹50,000 on interest earned under Section 80TTB.
Interest Rate of Telangana Post Office Monthly Income Scheme 2026
The Telangana Post Office Monthly Income Scheme 2026 offers an interest rate of 7.4% per annum, paid monthly. This rate is applicable for the financial year 2025-26 and provides a reliable source of income for investors. Key features of this scheme include:
– Fixed Interest Rate: 7.4% per annum, providing predictable returns.
– Monthly Interest Payments: Ideal for those seeking a regular income.
– Low-Risk Investment: Backed by the Government of India, ensuring capital protection.
– Investment Limits: ₹9 lakhs for individual accounts and ₹15 lakhs for joint accounts.
– Lock-in Period: 5 years, with premature withdrawal allowed but subject to penalties.
This scheme is suitable for risk-averse investors, retirees, and those looking for a stable monthly income. Interest earned is taxable, and TDS provisions apply, but the principal amount isn’t eligible for tax deductions under Section 80C.
FAQS On Telangana Post Office Monthly Income Scheme 2026
7.4% per annum, paid monthly.
₹1,500 is the minimum investment, ₹9 lakh for individual accounts, and ₹15 lakh for joint accounts.
Resident Indians, adults, and minors above 10 years with a guardian.