Post Office MIS Calculator: Monthly Income Scheme Interest
Enter the deposit and choose single or joint account. You see the monthly interest, the yearly income and what you receive over 5 years.
- Nothing you type is stored
- Free
- No signup
Monthly income
₹5,550a month
- Income a year
- ₹66,600
- Interest in 5 years
- ₹3,33,000
- Deposit back after 5 years
- ₹9,00,000
- Total you receive
- ₹12,33,000
7.4% a year, paid every month for 5 years; the rate on the opening date stays fixed (7.4% for Oct–Dec 2026). The interest is taxable.
How to use
- Enter the deposit in multiples of ₹1,000.
- Choose single (up to ₹9 lakh) or joint (up to ₹15 lakh).
- Keep the 7.4% rate or enter the rate on your opening date.
Good to know
The Post Office Monthly Income Scheme (POMIS) pays 7.4% a year for October–December 2026, paid every month for 5 years; the rate on the opening date stays fixed. ₹9 lakh earns ₹5,550 a month and ₹15 lakh joint earns ₹9,250.
The monthly interest is not compounded inside the account. Many people move it into a Post Office RD to earn interest on it. The deposit is returned in full after 5 years.
The interest is taxable and there is no 80C benefit. The account can be closed after 1 year: 2% of the deposit is deducted before 3 years and 1% after 3 years.
Questions
How much monthly income will ₹9 lakh give in POMIS?
₹5,550 a month at 7.4%, i.e. ₹66,600 a year.
What is the maximum investment?
₹9 lakh in a single account and ₹15 lakh in a joint account (up to 3 adults).
Is POMIS interest taxable?
Yes, at your slab rate. There is no tax deduction on the deposit.
Can I close MIS early?
After 1 year. A 2% deduction applies before 3 years and 1% between 3 and 5 years.
Is my data stored?
No. Everything is calculated on your device.