Post Office MIS Calculator
How much monthly income will the Post Office MIS pay me?
The Post Office Monthly Income Scheme (MIS) takes one deposit and pays its interest to you every month for 5 years. At the end you get the deposit back.
Up to Rs 9 lakh in a single account, Rs 15 lakh in a joint one.
7.4% for October to December 2026, set by the Ministry of Finance. Fixed for 5 years once opened.
Income every month
₹5,550
Indicative only. Your lender’s figures may differ. Nothing you enter here is sent anywhere or stored.
How It's Calculated
Monthly income = deposit × rate ÷ 12
The yearly interest is paid in 12 equal parts every month for 5 years, so the 5-year interest is 60 of them. The deposit itself comes back at the end.
Worked Example
If you enter
- Amount deposited₹9,00,000
- Interest rate7.4 % p.a.
You get
- Income every month₹5,550
- Interest over 5 years₹3,33,000
These are the calculator's starting values. Change them above to see your own.
Common Questions
How much can I deposit in Post Office MIS?
At least Rs 1,000, up to Rs 9 lakh in a single account and Rs 15 lakh in a joint account (up to three adults). The limits count all your MIS accounts together.
Is the monthly income taxable?
Yes, at your slab rate. There is no Section 80C deduction on the deposit.
Can I close it before 5 years?
Not in the first year. Closed between 1 and 3 years, 2% of the deposit is deducted; between 3 and 5 years, 1%.
Guides in Plain Words
Short reads that explain how it works before you decide.
