Calculator
Post Office MIS calculator
Monthly Income Scheme payout over 5 years.
≈ ₹5.00 L
- Monthly payout
- ₹3,083
- Total interest
- ₹1,84,980
- Principal back at maturity
- ₹5,00,000
- Invested ₹5,00,000(73%)
- Gains ₹1,84,980(27%)
Read this before you act on the number
- MIS Guide: Monthly Payout Table, ₹9 Lakh Ceiling & Tax Rules
MIS — Monthly Income Scheme: Who It Suits, Payout Mechanics and the Reinvestment Question
- MIS vs Post Office Time Deposit: Which Pays More, by Tenure
Retirees ask the post office clerk two different questions, and the answers pull in opposite directions.
Maths: Interest paid out monthly at the notified 7.4%; principal returns after 5 years. ₹9 lakh single / ₹15 lakh joint cap. Verify rates against the lender's or fund's current card before acting.
Questions about this calculator
- How does the Post Office MIS calculator work?
- Interest paid out monthly at the notified 7.4%; principal returns after 5 years. ₹9 lakh single / ₹15 lakh joint cap. The result is an estimate in Indian rupees, not a quote from any lender, bank or fund.
- Are the default rates current?
- No. Defaults are illustrative starting points. Verify the current rate against the lender's or fund's latest rate card before making a decision.
- Is the Post Office MIS calculator free to use?
- Yes. It runs in your browser, with no login and no inputs sent to a server.