Probabilistic prediction has the ability to convey the intrinsic uncertainty of forecast that helps the decision makers to manage the climate risk more efficiently than deterministic forecasts. In recent times, probabilistic predictions obtained from the products from General Circulation Models (GCMs) have gained considerable attention. The probabilistic forecast can be generated in parametric (assuming Gaussian distribution) as well as non-parametric (counting method) ways. The present study deals with the non-parametric approach that requires no assumption about the form of the forecast distribution for the prediction of Indian summer monsoon rainfall (ISMR) based on the hindcast run of seven general circulation models from 1982 to 2008. Probabilistic prediction from each of the GCM products has been generated by non-parametric methods for tercile categories (viz. below normal (BN), near-normal (NN), and above normal (AN)) and evaluation of their skill is assessed against observed data. Five different types of PMME schemes have been used for combining probabilities from each GCM to improve the forecast skill as compared to the individual GCMs. These schemes are different in nature of assigning the weights for combining probabilities. After a rigorous analysis through Rank Probability Skill Score (RPSS) and relative operating characteristic (ROC) curve, the superiority of PMME has been established over climatological probability. It is also found that, the performances of PMME1 and PMME3 are better than all the other methods whereas PMME3 has showed more improvement over PMME1.