Post Office MIS Calculator

Estimate monthly income from the Post Office Monthly Income Scheme and the principal returned after five years.

Account type

Single: up to ₹9,00,000. Joint: up to ₹15,00,000. Your aggregate holdings across accounts, including your equal share of joint accounts, must also meet the ₹9,00,000 individual ceiling. Joint accounts are for two or three adults; choosing Joint does not confirm eligibility for the full limit.

Investment amount

₹

One deposit, at least ₹1,000, in multiples of ₹1,000.

Assumed annual interest rate

Reference rate: 7.4% p.a. From 1 April 2023 (scheme notification); October–December 2026 not verified. Check the official notification before using this editable assumption.

Account opening date

Enter a valid account-opening date.

Maturity is estimated five calendar years from opening, not from financial-year end. For 29 February, this calculator uses 28 February in a non-leap maturity year; confirm that special-date convention with your post office.

Estimate

Fix the highlighted inputs to see your estimate.

Premature closure estimator (optional)

Closure is allowed only after one year from opening. Before completing three years, 2% of principal is deducted; from completion of three years until maturity, 1% is deducted.

Proposed closure date

This estimates principal only. Accrued or unpaid interest, excess interest recoveries and other account-specific adjustments are excluded. Full-term results and the PDF do not change when you choose a closure date. Confirm the final settlement with India Post.

Monthly income, not compound growth

MIS pays interest monthly. Unclaimed monthly interest does not earn additional interest inside the scheme. Check your own and any joint-account holdings before deciding how much you can deposit.