Post Office MIS Calculator

Calculate your guaranteed monthly income from the Post Office Monthly Income Scheme.

Investment Details

Max: ₹900,000 (single)
%
Current rate: 7.4% (Q1 FY25)
Years
Fixed 5-year maturity

About POMIS

POMIS pays interest monthly. Principal is returned at maturity. Interest is not compounded.

Your Monthly Income

0

Guaranteed monthly income for 5 years on your investment of 900,000.

Yearly Income

0

Total Interest

0

Principal Returned

0

Monthly Income (Year 1)

Documentation

How POMIS Works

Eligibility

  • Any resident Indian
  • Minimum age: 18 years (10 for minor account)
  • Single account max: ₹9 Lakhs
  • Joint account max: ₹15 Lakhs

Key Features

  • 5-year maturity period
  • Interest paid monthly (not compounded)
  • Principal returned at maturity
  • Interest is taxable as income
  • Premature withdrawal: 1-3% penalty
How to Use

About the Post Office MIS Calculator

What it calculates

This post office mis calculator helps you model financial decisions with accurate formulas and clear outputs. Calculate monthly income from Post Office MIS.

When to use it

Use when comparing loan terms, investment returns, taxes, or savings scenarios before making money decisions.

Example

Adjust the inputs above to model your specific scenario with the Post Office MIS Calculator.

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