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
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 If withdrawn later, the following penalties apply: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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