Monthly income scheme payouts. The Post Office MIS Calculator takes amount invested (max ₹9 lakh single, ₹15 lakh joint), interest rate and returns monthly income plus yearly income, total interest over 5 years. Results update as you type, and the formula is shown under the result so you can repeat it in your own spreadsheet.
Government-backed schemes publish their interest rates quarterly and market-linked funds do not guarantee returns. Enter the current rate for the scheme and treat market-return assumptions as scenarios rather than promises. Use the worked example below to check the maths against your own figures.
How the Post Office MIS Calculator works
The Post Office Monthly Income Scheme pays interest every month for five years and returns the principal at maturity. Income is taxable; no TDS is deducted.
Worked example
With the example values (amount invested (max ₹9 lakh single, ₹15 lakh joint) of ₹900,000, interest rate of 7.4%), the monthly income is ₹5,550.00; yearly income ₹66,600.00, total interest over 5 years ₹333,000.00. Change any figure above and the result updates immediately; use Copy results to paste the summary into a note or email.
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Frequently Asked Questions
How is monthly income calculated?
monthly income = amount × rate ÷ 12.
Which figures do I need?
Amount invested (max ₹9 lakh single, ₹15 lakh joint), interest rate. Take them from the same period and the same set of accounts or reports so the ratio is consistent, and check the example values as a guide to the units expected.
Is the interest rate fixed?
Small-savings rates are reviewed by the government every quarter and bank rates change with policy; market-linked schemes have no fixed rate at all. Enter the current rate for your scheme and revisit the result when rates change.
