Post Office MIS Calculator

What is Post Office MIS Calculator?

The Post Office Monthly Income Scheme (MIS) is a government-backed scheme that pays a fixed monthly income on your deposit. A MIS calculator estimates the monthly income and maturity value of your investment.

MIS offers a guaranteed monthly payout (around 6.6% per annum) with a 5-year tenure, making it popular among retirees seeking regular income.

How does the Post Office MIS Calculator work?

For example, a deposit of ₹4.5 lakh at 6.6% annual interest pays about ₹2,475 every month.

The principal is returned at maturity after 5 years. The maximum investment is ₹9 lakh for single accounts and ₹15 lakh for joint accounts.

How to use the Post Office MIS Calculator?

1. Enter the amount you want to deposit.
2. Enter the current MIS interest rate.
3. The calculator shows your monthly income and maturity value.

Example

Benefits of using the Post Office MIS Calculator

• Get a steady monthly income in retirement.
• Enjoy government-backed capital protection.
• Plan your monthly cash flow with certainty.
• Compare MIS with FD and annuity options.

Who should use the Post Office MIS Calculator?

• Students and professionals who need fast, accurate results.
• Anyone who wants to verify a manual calculation.
• People who prefer a quick answer over working it out by hand.

Tips for getting the most out of the Post Office MIS Calculator

• Double-check the values you enter before relying on the result.
• Use the calculator to verify manual calculations or estimates.
• Bookmark the page if you use it regularly.

Frequently Asked Questions

This calculator gives you fast, reliable answers whenever you need them. Try it now and keep it handy for future calculations.