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Calculate Post Office Monthly Income Scheme payouts, total returns, and account limits
Max: ₹9,00,000 (Single) / ₹15,00,000 (Joint)
Current MIS rate: 7.3999999999999995% (Q1 FY 2025-26)
Investment
₹5,00,000
Monthly Income
₹3,083
Total Interest (5Y)
₹1,85,000
Maturity Amount
₹5,00,000
Annual Interest
₹36,996
Account Type
₹1
Single Account
₹3,083
Fixed monthly payout deposited to your linked savings account
Unlike PPF or NSC, POMIS investments do not qualify for Section 80C tax deduction. However, the monthly income is taxable as per your income slab.
Post Office Monthly Income Scheme (MIS) is a popular small savings scheme that provides a fixed monthly income to investors. It is ideal for individuals seeking a regular income stream with minimal risk, such as retirees or those looking to supplement their monthly earnings.
7.4% per annum
5 Years
₹1,000
₹9,00,000
₹15,00,000
Monthly, credited to savings account
Not eligible
Allowed after 1 year with penalty
Interest is taxable income
A joint account allows investment up to ₹15 lakhs compared to ₹9 lakhs for a single account. Each joint holder has equal share. The monthly income is credited to the first holder's account.
The monthly interest can be automatically reinvested in Post Office Recurring Deposit (RD) for compounding benefits. This combination of MIS + RD is popular among risk-averse investors.
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