Post Office MIS Calculator
See the monthly income from a Post Office Monthly Income Scheme deposit.
About the Post Office MIS Calculator
Enter the deposit (up to ₹9 lakh single or ₹15 lakh joint) and the current rate. The calculator gives the monthly income, the yearly total and the interest over the 5-year term.
See the monthly income from a Post Office Monthly Income Scheme deposit. POMIS pays 7.4% (October–December 2026) as monthly interest for 5 years, on up to ₹9 lakh (single) or ₹15 lakh (joint). The principal is repaid at maturity.
The formula
Monthly income = deposit × rate ÷ 12
Worked example
₹9,00,000 at 7.4%
- Monthly income: 9,00,000 × 7.4% ÷ 12 = ₹5,550
- ₹66,600 a year; ₹3,33,000 over 5 years
- The ₹9 lakh is returned at maturity
Things to keep in mind
- Rates are reviewed every quarter; this uses the rate for October–December 2026.
Questions people ask
Is it tax-saving?
No, there's no 80C benefit and interest is taxable.
Can I withdraw early?
After 1 year, with a 2% deduction before 3 years or 1% after.