Post Office MIS Calculator
Calculate the guaranteed monthly income from the Post Office Monthly Income Scheme. Enter your deposit to see your monthly payout and total interest.
The maximum is Rs 9 lakh for a single account and Rs 15 lakh for a joint account.
The current Post Office MIS rate is 7.4% per annum, paid monthly.
Monthly Income
₹5,550
Total Interest (5 yrs)
₹3.33 L
Maturity Value
₹12.33 L
Interest received + principal
Yearly Income
₹66,600
Principal Returned
₹9.00 L
At end of 5 years
Post Office MIS pays a fixed monthly income for a 5-year term, after which the principal is returned. The interest is taxable, but there is no TDS. There is no Section 80C benefit on MIS deposits.
What is Post Office MIS?
The Post Office Monthly Income Scheme (POMIS) is a guaranteed monthly income product from India Post. The current rate is 7.4% per annum (April-June 2026), paid monthly. The tenure is 5 years. Maximum deposit is ₹9 lakh for a single account and ₹15 lakh for a joint account. POMIS suits retirees, conservative savers and anyone wanting predictable monthly income that lands in their account on a fixed day every month. Interest is fully taxable at slab.
How to use the Post Office MIS Calculator
- Enter the deposit amount. Between ₹1,000 (minimum) and ₹9 lakh (single account).
- Confirm the POMIS rate. Currently 7.4% per annum (April-June 2026).
- Tenure is fixed at 5 years. POMIS cannot be exited early without penalty in the first year.
- Review the monthly payout. See the exact monthly amount you'll receive into your account.
- Plan against income needs. Pair with FDs, SCSS and SWP for a layered retirement income.
Formula and method
Simple-interest monthly payouts. At maturity the full principal is returned. The corpus does not compound - every month's interest is paid out, not reinvested.
Why POMIS fits retirees and conservative savers
- Guaranteed monthly income. Same amount, same date, every month.
- Government-backed. India Post safety.
- Joint account up to ₹15 lakh. Couples can deploy more.
- Combine with SCSS and FDs. A laddered income strategy can cover all monthly needs.
- Predictable budgeting. Knowing the exact monthly income makes household planning easier.