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Post Office MIS Calculator

Calculate monthly income from Post Office scheme

Minimum: ₹1,000 | Maximum: ₹9,00,000 (single)

Key Features

  • • Fixed monthly income
  • • 5-year tenure
  • • Government-backed safety
  • • Principal returned at maturity
  • • Can be opened at any Post Office
  • • Joint account allowed
Monthly Income
2,775
Every Month for 5 Years
Investment4,50,000
Monthly Income2,775
Annual Income33,300
Total Income (5 yrs)1,66,500
Principal at Maturity4,50,000
Perfect For: Retirees and those seeking regular monthly income with capital safety.
Note: Interest rate is revised quarterly by the government.

About This Calculator

The Post Office Mis Calculator Calculator helps you estimate the future value of your investments and plan your financial goals effectively. Whether you're saving for retirement, children's education, or wealth creation, understanding potential returns is essential. Our calculator shows projected maturity amount, total investment, and returns based on your inputs. It accounts for compound interest and provides year-wise growth projections. Use this tool to compare different investment scenarios and make informed decisions. Start planning your financial future today with accurate calculations at your fingertips.

How It Works

Post Office Mis Calculator works on the principle of compound interest, where your returns generate additional returns over time. The power of compounding significantly increases your wealth in the long term. Regular investments, even small amounts, can grow substantially over extended periods. Key factors affecting your returns include the investment amount, expected rate of return, investment frequency, and time horizon. Historical data shows that equity investments typically offer 12-15% returns, while debt instruments provide 7-9% returns over the long term. However, past performance doesn't guarantee future results. Our calculator helps you set realistic expectations and plan accordingly. It's important to start investing early to maximize the benefits of compounding. The calculator uses mathematical formulas to project future values based on your inputs.

Example Calculation

Scenario: Monthly investment of ₹10,000 at 12% for 15 years

  • • Monthly Investment: ₹10,000
  • • Expected Return: 12% per annum
  • • Investment Period: 15 years

Frequently Asked Questions

What is Post Office Monthly Income Scheme?

Post Office MIS is a low-risk investment scheme that provides fixed monthly income. It has a 5-year tenure and principal is returned at maturity.

What is the maximum investment limit?

Maximum investment is ₹9 lakhs for single account and ₹15 lakhs for joint account. Minimum investment is ₹1,000.

Can I withdraw before maturity?

Premature withdrawal is allowed after 1 year with penalty. 2% deduction if withdrawn after 1 year, 1% if withdrawn after 3 years.

Is MIS interest taxable?

Yes, monthly income is taxable as per your income tax slab. TDS is not deducted. This scheme does not qualify for 80C deduction.