How to Apply for Post Office Monthly Income Scheme (POMIS) in India

To apply for the Post Office Monthly Income Scheme (POMIS), follow these steps:

1. Qualifications:

* You have to reside in India. You and up to three other adults may open a POMIS account together or separately. A POMIS account can also be opened by minors older than ten.

2. Required Documents:

Aadhaar cards, PAN cards, voter IDs, driver's licenses, and passports are examples of proof of identity. Ration cards, passports, driver's licenses, voter IDs, and utility bills are examples of proof of address. Two current passport-size photos are included.

3. How to Use It:

Application Form:  Pick up the POMIS application form at the post office that is closest to you. The form can also be downloaded from the official India Post website at [https://www.indiapost.gov.in/VAS/Pages/Form.aspx](https://www.indiapost.gov.in/VAS/Pages/Form.aspx).
Complete the application: Fill out the form completely, including all required information.
    * If relevant, include the name, birthdate, and mobile number of your nomination or nominees.
Please send in the application: Deliver the completed application form to the post office of your choice, together with the necessary paperwork and photos.
    * Make the first payment in cash or by check for a minimum of ₹1,000. The date on the check will be the account opening date if you are paying with a check.

4. Opening an Account:

* Your application will be processed and your documents verified by the post office. You will receive your POMIS account details after being accepted.

Important Information:

* Interest on POMIS is taxed; to open a POMIS account, you must have a Post Office savings account. The program has a five-year duration. At the conclusion of the original term, you have the option to extend the account for an additional five years.

It's always better to check the official India Post website or your local post office for the most recent information and any changes in the procedure.