Post Office Guaranteed Monthly Income – In 2025, the Indian Post Office has introduced a highly attractive savings scheme designed especially for couples. This joint income scheme offers a guaranteed monthly income of ₹10,000, making it ideal for husbands and wives planning a secure financial future. With low risk, assured returns, and government backing, this plan is quickly gaining popularity among Indian households seeking safe and steady earnings.
What Is the Post Office Joint Monthly Income Scheme 2025?
The Post Office Joint Monthly Income Scheme (MIS) is a government-backed investment plan where two individuals (typically husband and wife) can open a joint account and receive fixed monthly income. It is a highly secure and risk-free scheme, regulated by the Government of India through India Post.
- Joint account allows combined investment
- Guaranteed monthly interest payout
- Lock-in period of 5 years
- Capital safety with government assurance
- Ideal for retired couples or salaried individuals seeking passive income
This scheme is tailor-made for those who want a guaranteed source of monthly income without market fluctuations or complex paperwork.
How to Get ₹10,000 Monthly Income?
To receive a guaranteed ₹10,000 every month, the couple needs to invest the maximum permissible amount under the joint Post Office MIS account. Here’s how it works:
Required Investment for ₹10,000/Month
| Particulars | Details |
|---|---|
| Scheme Name | Post Office Monthly Income Scheme (MIS) |
| Type | Joint Account (Husband + Wife) |
| Monthly Income | ₹10,000 |
| Annual Interest Rate (2025) | 7.4% (compounded monthly) |
| Investment Required | ₹18,90,000 (₹9.45 lakh per person) |
| Lock-in Period | 5 Years |
| Income Tax Benefit | No TDS, but interest is taxable |
| Payment Mode | Monthly via Post Office Savings Account |
So, with a one-time deposit of ₹18.9 lakh, a joint account holder couple can earn ₹10,000 every month for 5 years straight.
Key Features of This Husband-Wife Income Plan
This Post Office joint scheme offers a range of features that make it one of the most secure and consistent income plans available in 2025:
- Joint Holding: Two adults (preferably husband and wife) can open the account jointly.
- Maximum Investment Limit: ₹18,90,000 for a joint account.
- Assured Monthly Returns: Interest is credited monthly without fail.
- Lock-In Period: 5 years, extendable by another 5 years.
- Premature Withdrawal: Allowed after 1 year with reduced benefits.
- Capital Protection: 100% government-backed plan.
- Simple Documentation: Minimal paperwork and KYC requirement.
Who Should Invest in This Scheme?
This income scheme is best suited for:
- Retired couples seeking regular income
- Salaried couples planning for future stability
- Parents opening income plans for family support
- Households looking for non-volatile savings options
- Conservative investors avoiding equity markets
This is also an excellent option for middle-class families who want a guaranteed return without taking any market-linked risks.
How to Open This Joint Post Office MIS Account?
Opening a joint Post Office MIS account is easy and can be done by visiting the nearest post office.
Required Documents
| Document | Purpose |
|---|---|
| Aadhaar Card | Identity proof |
| PAN Card | Tax compliance |
| Address Proof | Residence verification |
| Passport-sized Photos | Account application form |
| Joint Declaration Form | Both account holders’ signatures needed |
| Initial Deposit Cheque/DD | For investing the lump sum |
Step-by-Step Process:
- Visit your nearest post office branch.
- Request the MIS joint account form.
- Submit documents of both holders (KYC mandatory).
- Deposit up to ₹18.9 lakh via cheque or DD.
- Link your Post Office savings account for monthly interest credit.
- Start receiving ₹10,000/month from the following cycle.
Comparison with Other Income Schemes
| Scheme Name | Max Investment | Monthly Return | Lock-in Period | Risk Level |
|---|---|---|---|---|
| Post Office MIS | ₹18.9 lakh | ₹10,000 | 5 years | Very Low |
| Senior Citizen Saving | ₹30 lakh | Variable | 5 years | Very Low |
| Bank FD (5 yrs) | ₹10-20 lakh | ₹7,000–₹9,000 | 5 years | Low |
| Mutual Fund SWP | No limit | Market-linked | Flexible | Moderate |
| LIC Pension Plan | Based on plan | ₹8,000–₹12,000 | Life | Low-Moderate |
Key Benefits of Post Office Joint Income Plan
- Government Guarantee: Your money is 100% safe
- No Market Risk: Fixed monthly income
- Joint Account Benefit: Higher limit than individual accounts
- Simple Withdrawal Option: After 1 year with nominal penalty
- Steady Cash Flow: Monthly payout ideal for household budgeting
The Post Office Joint Monthly Income Scheme 2025 is an excellent financial product for couples aiming to secure a steady, risk-free monthly income. With government assurance, easy documentation, and attractive interest rates, this scheme stands out as a reliable investment choice for those planning long-term financial stability. If you and your spouse want guaranteed income every month without worrying about market volatility, this scheme is undoubtedly the perfect match.
FAQs
Q1. Can I open a joint Post Office MIS account with someone other than my spouse?
Yes, any two adults can open a joint MIS account, but this scheme is most beneficial for married couples due to income planning needs.
Q2. Is the interest earned from this scheme tax-free?
No, the interest earned is taxable as per your income slab. However, there is no TDS deducted by the post office.
Q3. What happens if I withdraw before the 5-year maturity?
You can withdraw after 1 year, but there will be a penalty. No interest is paid if withdrawn within the first year.
Q4. Can I extend the account after 5 years?
Yes, you can extend it for another 5 years at the prevailing interest rate at the time of extension.
Q5. How will I receive my monthly interest payout?
The monthly interest is credited directly into your linked Post Office savings account on a fixed date every month.