Post Office MIS Calculator
Calculate guaranteed monthly income from Post Office Monthly Income Scheme.
Max. ₹9 Lakhs for Individual Accounts
Annual Interest Rate
7.4% (Fixed)
Investment Tenure
5 Years (Fixed)
Monthly Income Formula
MI = (P × R × T) / 60 months
MI = Monthly Income
P = Amount Invested = ₹ 9,00,000
R = Annual Rate of Interest = 7.4%
T = Tenure (Fixed to 5 years or 60 Months)
Your Calculation
MI = P × R × T / 60
MI = [₹ 9,00,000 × 7.4 × 5] / (100 × 60)
MI = 3,33,00,000 / 6000
MI = ₹ 5,550/month
You will receive ₹ 5,550 every month for 5 years. Your principal of ₹ 9,00,000 will be returned at maturity.
Key Features
• Guaranteed monthly income from Government of India
• Interest paid monthly, principal returned at maturity
• Premature withdrawal after 1 year (with penalty)
• Can be extended for 5 more years after maturity
• Interest is taxable as per income tax slab
Guaranteed Monthly Income
₹5,550
Post Office Monthly Income Scheme (MIS) Calculator
Looking for a risk-free way to generate a steady monthly income? The Post Office Monthly Income Scheme (POMIS) is a sovereign-backed savings plan designed for conservative investors. Our post office monthly income scheme calculator helps you determine exactly how much interest you will receive every month based on the latest government-notified rates.
Key Features of Post Office MIS (2026-27)
Before using the Postal MIS Calculator, it is essential to understand the scheme's revised guidelines for the current financial year:
| Feature | Details |
|---|---|
| Current Interest Rate | 7.4% per annum (Payable Monthly) |
| Tenure | 5 Years |
| Max Investment (Single) | ₹9,00,000 |
| Max Investment (Joint) | ₹15,00,000 |
| Minimum Investment | ₹1,000 |
| Tax Benefit | No deduction under Section 80C |
How to Use the POMIS Calculator?
The POMIS calculator is user-friendly and provides instant results. To calculate your monthly payout:
Enter the lump sum you wish to invest (Min ₹1,000).
Choose between a Single or Joint account to ensure you stay within the legal limits.
The tool automatically applies the current 7.4% interest rate (updated for April-June 2026).
If you invest the maximum limit of ₹9,00,000 in a single account, your monthly income scheme calculator result will show a fixed monthly payout of ₹5,550.
Rules for Premature Withdrawal
While the Post Office MIS Calculator shows your potential earnings over 5 years, you should be aware of liquidity rules. You cannot withdraw your deposit before 1 year. If withdrawn later, the following penalties apply:
2% deduction from the principal amount.
1% deduction from the principal amount.
Frequently Asked Questions
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