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Post Office MIS Calculator
Calculate returns on Post Office Monthly Income Scheme
Calculate Your Returns
₹
Maximum ₹4.5 lakh for single account, ₹9 lakh for joint account
%
Yr
Post Office MIS has a fixed tenure of 5 years
Monthly income
₹2,775
Annual interest
₹33,300
Total interest earned
₹1,66,500
Post-tax interest
₹1,66,500
Maturity amount (Principal)
₹4,50,000
Total returns (Principal + Interest)
₹6,16,500
Post-tax total returns
₹6,16,500
Monthly Income & Cumulative Interest
Year-by-Year Interest Accumulation
Year-by-Year Breakdown
Year 1Interest: ₹33,300(Total: ₹4,83,300)
Year 2Interest: ₹33,300(Total: ₹5,16,600)
Year 3Interest: ₹33,300(Total: ₹5,49,900)
Year 4Interest: ₹33,300(Total: ₹5,83,200)
Year 5Interest: ₹33,300(Total: ₹6,16,500)
Returns Breakdown
Principal Investment₹4,50,000
Monthly Interest₹2,775
Annual Interest₹33,300
Total Interest (5 years)₹1,66,500
Effective Rate (Pre-tax)7.40% p.a
Total Returns (Principal + Interest)₹6,16,500
Understanding Post Office MIS
What is Post Office MIS?
- • Monthly Income Scheme (MIS) provides regular monthly income
- • Interest is paid monthly, principal returned at maturity
- • Fixed tenure of 5 years
- • Maximum investment: ₹4.5 lakh (single) or ₹9 lakh (joint account)
- • Government-backed, safe and secure investment
Key Features:
- • Monthly Income: Regular monthly interest payments
- • Principal Protection: Full principal returned at maturity
- • Tax Benefits: Interest is taxable, but principal is safe
- • TDS: 10% TDS if annual interest exceeds ₹40,000 (₹50,000 for senior citizens)
- • Premature Withdrawal: Allowed after 1 year with penalty
Best For:
- • Retirees seeking regular monthly income
- • Conservative investors wanting safety
- • Those needing predictable cash flow
- • Risk-averse investors
- • Senior citizens (may get higher rates)
Disclaimer: This calculator is for estimation purposes only. Results are approximate and may vary from actual values. Please consult with a financial advisor for personalized advice.