postal savings income tool

Post Office Monthly Income Scheme Calculator

Estimate the monthly interest from a one-time Post Office MIS investment, see the total interest over five years and confirm how the original principal is treated at maturity. Enter the rate that applies to your own comparison.

Free online tool INR estimates Browser-based

monthly payout estimate

Calculate Post Office MIS monthly income

Enter a lump-sum investment and an annual rate. The calculator divides the five-year interest estimate into 60 equal monthly payouts and keeps the original deposit separate from income.

Inputs are calculated in your browser and are not sent to this site by the calculator.

One-time investment

INR

Enter the amount you plan to place in the account. The tool models one lump-sum deposit and does not apply account-limit rules. Annual rate assumption

%

Enter the rate that applies to the period you are checking. The example value is editable and is not a live quote.

Scheme term This planning model uses a fixed five-year term. Verify the current product rules and maturity date before investing.

Payout frequency The Monthly Income Scheme model pays the estimated interest each month and returns the original principal at the end of five years.

Result

Your Post Office MIS estimate

Ready for your inputs

Enter a one-time investment and an annual rate to see estimated monthly income, total interest and principal returned.

AssumptionsRates are editable assumptions. Confirm current rates, terms and tax treatment with the provider.

CurrencyAmounts are shown in Indian rupees (INR).

start with the cash-flow answer

What this post office monthly income scheme calculator shows

The Post Office Monthly Income Scheme, often shortened to MIS or POMIS, is designed for a lump-sum deposit followed by regular interest income. This post office monthly income scheme calculator answers the first planning question: how much gross interest could one deposit produce each month if the entered annual rate stayed unchanged for the five-year term?

Enter the amount you want to compare and the rate that applies to the period you are researching. The result separates the original investment, estimated monthly income and total interest for 60 months. Because the rate remains editable, you can test a new official rate without treating an old example as a current promise.

This is a cash-flow model rather than a live account statement. It uses simple interest on the principal and divides the five-year total by 60. It does not compound each monthly payout back into the account. A provider statement can differ because of the product rules, opening date, rounding, account type, tax treatment or any change to the notified rate.

Use the page when you are comparing a Post Office MIS scenario with an FD, a recurring deposit or another income product. Keep the deposit, rate date, term and payout assumption together. A larger monthly figure is not automatically better if the principal is locked for the term or if the rate is no longer applicable.

four quick steps

How to use the Post Office MIS calculator

1

Enter one deposit

Add the lump sum you want to test. Do not enter a monthly contribution; MIS is modeled as one initial investment.

2

Verify the rate

Check the current official notice for the relevant period and enter that annual rate instead of relying on the sample value.

3

Keep the five-year term

The tool fixes the planning horizon at five years so the 60 monthly payouts and principal return are easy to compare.

4

Review income and principal

Compare the monthly payout and five-year interest with the original investment. Save the assumptions beside the official product information.

transparent method

How the MIS monthly income estimate is calculated

The model treats the entered rate as a constant annual simple-interest rate for a 60-month term:

Monthly income = principal x annual rate / 12; total interest = monthly income x 60

The principal is returned separately at the end of the modeled term, so it is not counted as interest. This equation is a planning simplification. Confirm the official scheme rules, effective rate, account limits, tax treatment and maturity process before making a deposit decision.

worked scenario

Example: INR 900,000 at a 7.4% assumption

Example inputs: INR 900,000 one-time investment | 7.4% annual rate | 5 years | monthly interest payoutThe estimate is INR 5,550 per month, INR 333,000 total interest over 60 months and INR 900,000 returned as the modeled principal at maturity.

The example is arithmetic, not a live rate claim. Change the rate to the verified value for your period and run the calculation again. The result does not deduct tax and does not confirm whether an account type or deposit limit applies to you.

accuracy and limits

What to check before relying on a MIS estimate

Rates for small-savings products can change by notification or quarter. The prefilled rate is only a worked-example input. Check India Post or the relevant government notice for the rate and effective period, then keep that date with your calculation record.

This calculator does not apply single-account, joint-account or product-specific deposit limits. It accepts a broad planning range so you can test scenarios, but an amount that calculates successfully may still be ineligible under the current rules. Confirm the account type, minimum deposit, maximum deposit and nomination conditions with the provider.

Monthly income is shown before tax, TDS, fees or other deductions. Your personal tax position depends on your income and applicable rules, so the displayed payout is not the amount you should assume will arrive after tax.

The model assumes 60 equal monthly payouts and returns the principal at the end of five years. It does not model a delayed opening, a changed rate, premature closure, transfer, loan, missed credit or exact provider rounding. Use the official illustration or account record as the final reference.

Compare like with like. A Post Office MIS payout is a monthly cash-flow result from a lump sum, while a cumulative FD result is usually a final maturity value. When comparing products, label whether you are comparing income, principal preservation, liquidity, tax or total return.

Your inputs are processed in the browser for this calculation. Do not enter an account number, login, payment details or other sensitive information. The page is an independent estimate and is not operated by India Post.

official information

Check current Post Office MIS rules

Use official India Post savings-scheme information and the applicable government notice to confirm the rate, term, limits and account conditions. This page does not fetch a live rate or certify eligibility.

Visit India Post savings services

common questions

Post Office MIS calculator FAQ

What does a post office monthly income scheme calculator calculate?

It estimates the gross monthly interest, total interest over 60 months and principal returned at the end of a modeled five-year Post Office MIS term from the amount and rate you enter.

How does the Post Office MIS calculator work?

It multiplies the one-time principal by the annual rate, divides the result by 12 for a monthly estimate and repeats that payout for 60 months. The principal remains separate and is returned in the maturity summary.

Does this post office MIS calculator use the current rate?

No. The rate is an editable assumption and the example value is not a live quote. Check the current official India Post or government notice, then enter the applicable rate for your period.

How much monthly income can INR 900,000 produce in MIS?

At a 7.4% example rate, the simple estimate is INR 5,550 per month before tax. Change the rate to the verified value because the actual payout depends on the applicable product terms.

Does the calculator include Post Office MIS account limits?

No. It is a general arithmetic tool and does not decide single-account, joint-account or current product limits. Confirm eligibility and limits through official information before investing.

Is MIS interest compounded or paid monthly?

This page models a monthly payout on the entered principal and does not reinvest each payout. The official product rules and account record control how interest is credited and paid.

Can I compare MIS with a Post Office FD calculator?

Yes, but label the outcomes correctly. MIS is a monthly income scenario from a lump sum, while a cumulative FD often emphasizes the final maturity value. Use the same rate date and principal when comparing.

Does the Post Office MIS calculator include tax or TDS?

No. The displayed income and total interest are gross estimates before personal tax, TDS, fees or other deductions. Review your tax position separately.

Why can the official MIS payout differ from this estimate?

Differences may come from the effective rate, opening date, account type, rounding, limits, tax, premature closure or other product rules. The official illustration or account record is the final reference.