Best Monthly Income Schemes 2026- Top 5 Low Risk Options
If you are exploring reliable ways to earn stable monthly payouts, the Best Monthly Income Schemes 2026 list will help you choose secure and low-risk financial products. These options offer predictable income, capital safety, and better control over financial planning.
1. Post Office Monthly Income Scheme (POMIS)
A government-backed savings scheme known for guaranteed monthly interest payouts and strong capital safety.
Why It Ranks #1
- Backed by the Government of India
- Zero market risk
- Fixed monthly interest credited
- Easy to open at any post office
2. S C Savings Scheme (SCSS)
A preferred investment option for older citizens due to its high interest rate and government protection.
Key Features
- Exclusively for individuals aged 60+
- Higher interest vs. other fixed-income products
- Quarterly interest payout, offering reliable income
- Tax benefit under Section 80C
3. Monthly Income Mutual Fund Plans (Conservative Hybrid Funds)
Mutual funds offering monthly dividends (subject to fund performance), combining debt stability with minor equity exposure.
Highlights
Professional fund management
Potential for higher post-tax returns
75–90% investment in debt instruments
Monthly payout option depending on distributable surplus
4. Bank Monthly Income Fixed Deposits (FDs)
FDs with monthly interest payout options from both public and private banks.
Features
Guaranteed interest
Flexible tenure
Minimal documentation
Suitable for all age groups
5. RBI Floating Rate Savings Bonds (FRSB) – Monthly Interest Option
Government bonds pegged to the National Savings Certificate (NSC) rate, ensuring that interest adjusts with market rates.
Key Benefits
Floating interest rate revised every 6 months
Backed by RBI
No market volatility
Monthly payout available
Additional Tips
Diversify across 2–3 income schemes
Compare tax implications before investing
Prefer government-backed schemes for low-risk goals
Review tenure and liquidity conditions
Think you’re financially savvy? Put your knowledge to the test with our Financial IQ Quiz.
This quick and interactive challenge helps you discover how much you really know about money management, saving, and investing. It’s fun, insightful, and a great way to boost your financial literacy.
Recent Posts
Categories
FAQs
Government-backed options like POMIS, SCSS, and RBI Bonds offer maximum safety.
They offer fixed or government-adjusted interest payouts, ensuring predictable monthly income.
POMIS offers higher security and often competitive interest rates compared to FDs.
No. Mutual fund dividends are market-dependent and not guaranteed.
Yes. Interest income is fully taxable under the individual’s tax slab.
Individuals aged 60 and above seeking regular income and capital protection.
The minimum investment is typically INR 1,000 with no maximum limit.
Some do with penalties; others like SCSS have stricter exit rules.
Most government schemes do not allow NRI investments; check RBI guidelines.
Disclaimer
We have tried to provide the best and most accurate information for our readers. However, It is for educational purposes only and should not be treated as financial advice. Please verify details with official sources and consult a qualified advisor before making investment decisions. SukhFinance is not responsible for any losses arising from the use of this information.