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Post Office MIS Calculator

Calculate the fixed monthly income payout from a Post Office Monthly Income Scheme (MIS) deposit, based on your investment amount and the scheme's interest rate — an income-generating scheme, not a compounding growth investment.

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How to Use Post Office MIS Calculator
  1. 1Enter the MIS deposit amount
  2. 2Enter the current MIS interest rate
  3. 3Click Calculate to see your monthly and annual income
Frequently Asked Questions

A Post Office FD compounds interest and pays it out at maturity as a lump sum. MIS instead pays out interest as a fixed monthly income throughout the tenure, with the original deposit returned at maturity — it's designed for regular income, not growth.

Yes, MIS has a maximum investment limit per account (with a higher limit for joint accounts), set by India Post — check the current limit before investing more than you can place in the scheme.

MIS has a fixed multi-year tenure with restrictions on premature withdrawal in the early period — check current India Post terms for the exact lock-in and tenure.

The fixed monthly income and equivalent annual income your MIS deposit generates at the entered interest rate.

Yes, MIS interest income is taxable at your applicable income tax slab rate, though it is not eligible for TDS deduction below certain thresholds.

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