I took a POMIS (Post Office Monthly Income Scheme) in 2009. Can I cancel it now. Will Principal Amt be back?



I took a POMIS (Post Office Monthly Income Scheme) in 2009. Can I cancel it now? Will I get back my Principal Amount completely.

I took a POMIS (Post Office Monthly Income Scheme) in 2009. Can I cancel it now. Will Principal Amt be back?
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2 Replies to “I took a POMIS (Post Office Monthly Income Scheme) in 2009. Can I cancel it now. Will Principal Amt be back?”


  1. An investor may be permitted to withdraw the deposit and closure of the account, at any time after expiry of one year from the date of opening of the account subject to the condition that:
    (i) If the account is closed on or before expiry of three years opening of such account, an amount equal to two percent of the deposit shall be deducted and remainder paid to the depositor and
    (ii) If the account is closed after expiry of three years opening of such account, an amount equal to one percent of the deposit shall be deducted and remainder paid to the depositor





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