Post Office MIS Calculator

Post Office MIS Calculator helps you estimate monthly income, maturity value, and returns on your investment under the Post Office Monthly Income Scheme with ease.
Explore plans
Check Life Insurance Policies
Get Quote
3 min
28-May-2025

Looking for a safe way to earn regular income from your savings? The MIS post office scheme, also known as the Post Office Monthly Income Scheme, is a government-backed option that offers fixed monthly payouts, making it ideal for those who prefer low-risk and predictable returns.

To make planning easier, you can use the Post Office Monthly Income Scheme calculator. This simple tool helps you estimate your monthly income based on your investment amount and the prevailing interest rate, giving you clear visibility from the start. It’s quick, accurate, and saves you the effort of manual calculations.

What makes it even better is the peace of mind it offers. When combined with a suitable life insurance plan, this steady income can support everyday expenses while also strengthening your family’s long-term financial security and overall savings strategy.

What is post office monthly income scheme?

The Post Office Monthly Income Scheme (MIS) is a savings plan backed by the government that offers you a fixed monthly income. It’s ideal for conservative investors who want safe, steady returns without taking any market risks. You invest a lump sum, and the scheme pays you interest every month.

What is the Post Office Monthly Income Scheme calculator?


The Post Office MIS interest rate calculator is a simple tool that helps you estimate how much monthly income you can earn based on the amount you plan to invest in the post office monthly income scheme.


This calculator is highly beneficial for retirees and risk-averse investors as it provides a clear understanding of their expected monthly income. It works seamlessly with life insurance plans to ensure long-term financial security for the investor’s family in case of unforeseen events.

By using the Post Office MIS Interest Calculator, users can determine how their investments align with their income goals while understanding the impact of the interest rate for MIS in Post Office.

How does the post office monthly income plan calculator work?

It helps estimate monthly income from your post office MIS investment easily.

  • Data inputs: You enter basic details such as the investment amount and applicable interest rate to help the calculator start estimating your monthly income accurately.
  • Calculation: The calculator uses the latest post office MIS interest rate formula to compute your expected monthly payout based on the entered investment value.
  • Result display: It instantly shows the estimated monthly income, giving you clear visibility on returns without needing to do manual calculations yourself.
  • Adjustments: You can change the investment amount or interest rate to compare different outcomes and plan your post office MIS investment better.

Post office mis calculator formula

Here’s a simple breakdown of how the calculator figures out your monthly income:

 

  • Step 1: Multiply your investment amount by the current MIS interest rate.
  • Step 2: Divide the result by 12 to get your monthly payout.
  • Formula: Monthly Income = (Investment Amount × Annual Interest Rate) ÷ 12

 

For example, if you invest Rs. 3 lakh at 7.4% interest, your monthly income would be around Rs. 1,850.

Post Office Monthly Income Scheme calculator example

Wondering how much monthly income you can earn from your investment? Let’s break it down with a real-world example using the Post Office MIS calculator. This will help you see exactly how your money grows—month by month.

Example: Joint account investment of ₹9 lakh

Let’s assume you invest Rs. 9,00,000 (the maximum limit for a joint account) and the current interest rate is 7.4% per annum.

Here’s how the calculation works:

  • Annual interest = Rs. 9,00,000 × 7.4% = Rs. 66,600 per year
  • Monthly income = Rs. 66,600 ÷ 12 = Rs. 5,550 per month
  • Total income over 5 years = Rs. 5,550 × 60 months = Rs. 3,33,000
  • Principal returned at maturity = Rs. 9,00,000

So, by the end of 5 years, you earn Rs. 3.33 lakh in interest as monthly payouts — and your full Rs. 9 lakh is returned to you safely!

This simple calculation shows why POMIS is such a popular choice for those who want fixed monthly returns with zero risk.

How to use the Post Office MIS calculator?

Using the Post Office Monthly Income Scheme Calculator is a straightforward process, offering accurate results in a few simple steps:

 

  • Enter the investment amount: Input the total amount you plan to invest in the Post Office MIS.
  • Add the interest rate: Enter the interest rate for MIS in Post Office, which is subject to periodic updates by the government.
  • Specify the tenure: Indicate the investment period, typically five years for the MIS.
  • Calculate monthly income: Click ‘Calculate’ to instantly view the monthly interest income generated by your investment.

 

The Post Office MIS Interest Calculator makes it easy to experiment with different scenarios, helping you plan for a steady and predictable income.

Key features of Post Office MIS calculator

The Post Office Monthly Income Scheme Calculator comes with several features that make it an essential tool for financial planning.

 

  • Ease of use: The calculator is simple to operate, with a user-friendly interface that caters to all age groups.
  • Accurate calculations: It ensures precision by considering the current interest rate for MIS in Post Office.
  • Customisation: Users can adjust variables such as investment amount and tenure to explore different outcomes.
  • Time-saving: It eliminates the need for manual calculations, delivering instant and reliable results.
  • Integration with life insurance: When used alongside life insurance planning, the tool helps create a complete financial strategy.

 

These features make the Post Office Monthly Income Scheme Calculator a vital resource for investors who value transparency and convenience in their financial planning.

Pro Tip

Create wealth and meet your financial goals with a ULIP investment plan, start investing from Rs. 3,000/month.

health-insurance-banner

Key benefits of using the Post Office MIS calculator

The Post Office MIS Interest Calculator offers numerous benefits that enhance its value as a financial planning tool.

Benefit

Description

Accurate income estimates

Provides precise calculations of monthly payouts based on the entered interest rate.

Customisation options

Allows users to experiment with different investment amounts and tenures.

Time efficiency

Speeds up financial planning by automating calculations.

Financial clarity

Offers a transparent view of how much monthly income your investment will generate.

Risk mitigation with life insurance

Ensures your family’s financial future is secure alongside MIS returns.


These advantages make the calculator an invaluable tool for planning monthly income while integrating life insurance for added security.

How accurate is the Post Office Monthly Income Scheme calculator?

The Post Office Monthly Income Scheme (POMIS) calculator is highly accurate when used with the latest interest rate and investment limits. It gives you a close estimate of your monthly income based on your deposit amount, tenure, and prevailing interest rate (currently 7.4% p.a. as of August 2025). However, it's important to remember that the calculator provides an estimate—not a guaranteed amount—since rates are reviewed quarterly. For the most accurate results, always check the latest rate before investing.

Conclusion

The Post Office Monthly Income Scheme Calculator is an indispensable tool for anyone investing in the MIS. By providing accurate monthly interest estimates based on the interest rate for MIS in Post Office, it ensures effective and transparent financial planning.

This calculator is especially beneficial for individuals looking for stable and predictable returns. When paired with life insurance, it creates a robust financial strategy that not only provides monthly income but also safeguards your family’s future in unforeseen circumstances. Whether you are a retiree or a low-risk investor, the Post Office MIS Interest Calculator simplifies the process of planning and maximising your returns.

Related articles

Annuity calculator

PVIFA calculator

ULIP calculator

ULIP plans

 Term insurance

Savings plans


Financial calculators for better investment & insurance planning

Life insurance calculator

Term insurance calculator

ULIP calculator

PVIFA calculator

PLI Santosh Maturity calculator

Annuity calculator

Post Office MIS calculator

Postal Life Insurance calculator

NPS calculator

PLI Surrender Value calculator

PLI Santosh Maturity calculator

Human life value calculator

Frequently asked questions

How do I use the Post Office MIS Calculator?
Enter your investment amount, the applicable interest rate for MIS in the Post Office, and the scheme’s tenure. The calculator will provide an accurate estimate of your monthly payouts.

What features does the Post Office MIS Calculator offer?
The calculator offers ease of use, customisation options, accurate calculations, and integration with life insurance planning for comprehensive financial security.

What benefits does the Post Office MIS Calculator offer?
The tool provides financial clarity, accurate income estimates, and time efficiency while allowing users to plan their savings effectively.

How do I calculate my monthly interest on the MIS?
Use the formula:

(Investment amount × Interest rate) ÷ 12

Alternatively, the Post Office MIS Interest Calculator simplifies this process by providing instant results.

Does the Post Office's Monthly Income Scheme have risks?

The Post Office Monthly Income Scheme (MIS) is one of the safest investment options available in India. Since it’s backed by the Government of India, there’s very little to no risk involved. Your capital stays protected, and you earn steady monthly income—making it ideal for risk-averse investors.

What is the interest on Rs. 15 lakh MIS in Post Office?

If you invest Rs. 15 lakh in the Post Office MIS at the current 7.4% annual interest rate, your monthly income would be around Rs. 9,250.

What is Rs. 9 lakh MIS in Post Office?

For a Rs. 9 lakh investment in the Post Office MIS with a 7.4% interest rate, you’ll receive around Rs. 5,550 per month as interest. It’s a smart option if you’re looking for steady, predictable returns every month.

How much interest for Rs. 1 lakh in Post Office per month calculator?

With Rs. 1 lakh invested in the Post Office MIS at a 7.4% interest rate, the monthly income would be roughly ₹616.

What information should I enter in the Post Office MIS calculator?

To use the POMIS calculator, simply enter your investment amount and the current interest rate. The calculator will then show your estimated monthly income and total returns over the 5-year tenure.

Is the Post Office Monthly Income Scheme taxable?

Yes, the interest earned from the Post Office Monthly Income Scheme is taxable as per your income tax slab. However, no TDS is deducted, and you must declare the interest income while filing your tax return.

Show More Show Less

Bajaj Finserv App for All Your Financial Needs and Goals

Trusted by 50 million+ customers in India, Bajaj Finserv App is a one-stop solution for all your financial needs and goals.

You can use the Bajaj Finserv App to:

Apply for loans online, such as Instant Personal Loan, Home Loan, Business Loan, Gold Loan, and more.

Explore and apply for co-branded credit cards online.

Invest in fixed deposits and mutual funds on the app.

Choose from multiple insurance for your health, motor and even pocket insurance, from various insurance providers.

Pay and manage your bills and recharges using the BBPS platform. Use Bajaj Pay and Bajaj Wallet for quick and simple money transfers and transactions.

Apply for Insta EMI Card and get a pre-approved limit on the app. Explore over 1 million products on the app that can be purchased from a partner store on No Cost EMIs.

Shop from over 100+ brand partners that offer a diverse range of products and services.

Use specialised tools like EMI calculators, SIP Calculators

Check your credit score, download loan statements and even get quick customer support—all on the app.

Download the Bajaj Finserv App today and experience the convenience of managing your finances on one app.

Do more with the Bajaj Finserv App!

UPI, Wallet, Loans, Investments, Cards, Shopping and more

GET THE APP

Disclaimer

*T&C Apply. Bajaj Finance Limited (‘BFL’) is a registered corporate agent of third party insurance products of Bajaj Life Insurance Limited (Formerly known as Bajaj Allianz Life Insurance Company Limited), HDFC Life Insurance Company Limited, Life Insurance Corporation of India (LIC), Bajaj General Insurance Limited(Formerly known as Bajaj Allianz General Insurance Company Limited), SBI General Insurance Company Limited, ACKO General Insurance Company Limited, HDFC ERGO General Insurance Company, TATA AIG General Insurance Company Limited, ICICI Lombard General Insurance Company Limited, New India Assurance Limited, Chola MS General Insurance Company Limited, Zurich Kotak General Insurance Company Limited, Star Health & Allied Insurance Company Limited, Care Health Insurance Company Limited, Niva Bupa Health Insurance Company Limited, Aditya Birla Health Insurance Company Limited and Manipal Cigna Health Insurance Company Limited under the IRDAI composite registration number CA0101. Please note that, BFL does not underwrite the risk or act as an insurer. Your purchase of an insurance product is purely on a voluntary basis after your exercise of an independent due diligence on the suitability, viability of any insurance product. Any decision to purchase insurance product is solely at your own risk and responsibility and BFL shall not be liable for any loss or damage that any person may suffer, whether directly or indirectly. For more details on risk factors, terms and conditions and exclusions please read the product sales brochure & policy wordings carefully before concluding a sale. Tax benefits applicable if any, will be as per the prevailing tax laws. Tax laws are subject to change. BFL does NOT provide Tax/Investment advisory services. Please consult your advisors before proceeding to purchase an insurance product. Visitors are hereby informed that their information submitted on the website may also be shared with insurers. BFL is also distributor of other third party products from Assistance service providers such as CPP Assistance Services Private Limited, Bajaj Finserv Health Limited. etc. All product information such as premium, benefits, exclusions, value added services etc. are authentic and solely based on the information received from the respective Insurance company or the respective Assistance provider company.

Note- While we have made all the efforts and taken utmost care in gathering precise information about the products, features, benefits etc. However, BFL cannot be held liable for any direct or indirect damage/loss. We request our customers to conduct their research about these products and refer to the respective products sales brochure and policy/membership wordings before concluding sales.