Post Office MIS Calculator

Find the fixed monthly income you can earn from the Post Office Monthly Income Scheme.

Updated · By HisaabCalc Editorial Team · How it’s calculated

₹
₹9,00,000 · 9 Lakh
%
Account type
Monthly income₹5,550₹9,00,000 at 7.4% for 5 years
Yearly income
₹66,600
Total interest in 5 years
₹3,33,000
Principal returned at maturity
₹9,00,000
Maximum deposit (single account)
₹9,00,000
Principal: ₹9,00,000 (73.0%)5-year interest: ₹3,33,000 (27.0%)
  • Principal₹9,00,00073.0%
  • 5-year interest₹3,33,00027.0%
Income over 5 years
YearMonthly payoutYearly incomeCumulative
Year 1₹5,550₹66,600₹66,600
Year 2₹5,550₹66,600₹1,33,200
Year 3₹5,550₹66,600₹1,99,800
Year 4₹5,550₹66,600₹2,66,400
Year 5₹5,550₹66,600₹3,33,000

Quick answer

The Post Office MIS pays 7.4% a year as monthly income for 5 years. The maximum deposit is ₹9 lakh (single) or ₹15 lakh (joint). ₹9 lakh gives ₹5,550 a month, and a ₹15 lakh joint account gives ₹9,250.

Key takeaways

  • Current rate: 7.4% p.a. for Oct–Dec 2026 (Q3 FY 2026-27). The government resets it every quarter.
  • Interest is taxable and there is no 80C benefit.
  • Early closure after 1 year costs 2% of principal; after 3 years, 1%.

Formula

Monthly income = Deposit × Rate ÷ 12

Frequently asked questions

What is the maximum limit in Post Office MIS?

₹9 lakh in a single account and ₹15 lakh in a joint account (up to 3 holders).

Sources & methodology

Formulas follow the standard methods used by Indian banks, fund houses and government schemes. Rates and tax rules were checked against official sources on 1 October 2026. Read our methodology.

This calculator gives an estimate for planning purposes. Actual returns, tax and eligibility depend on your situation and on product terms. It is not financial advice.