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1492 terms

Glossary

Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.

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Post Office Monthly Income Scheme

Market basics
Also called: POMIS

A five-year small savings scheme paying interest monthly, capped at ₹9 lakh single or ₹15 lakh joint.

In plain terms

The monthly cheque that complements SCSS's quarterly payout, so a household budget can actually run on it.

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Indian stock market glossary · Market Vidyalaya