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Monthly Income Planning Tool

Post Office Monthly Income Scheme Calculator

Estimate your monthly interest income, total interest earned and maturity value from a Post Office Monthly Income Scheme investment.

Enter Investment Details

Adjust the values to calculate your expected income.

Enter your lump-sum deposit
₹
Review the latest official deposit limits and account eligibility before investing.
%

Estimated Returns

Your projected Post Office MIS income.

Estimated Monthly Income ₹3,083 Approximate interest payable each month
Investment Amount ₹5,00,000
Annual Interest Income ₹37,000
Total Interest in 5 Years ₹1,85,000
Principal at Maturity ₹5,00,000
Total Cash Received ₹6,85,000
Results are estimates based on the entered rate. Interest rates, taxation, limits and scheme rules may change. Confirm current terms with India Post before opening an account.

What Is the Post Office Monthly Income Scheme?

The Post Office Monthly Income Scheme, commonly known as Post Office MIS or POMIS, is a government-backed savings option designed for people who want a regular monthly income from a lump-sum deposit.

The deposited principal generally remains invested throughout the scheme tenure. Interest is calculated using the applicable annual rate and is paid monthly. At maturity, the original principal is returned according to the scheme rules.

How the Calculator Works

The calculator estimates monthly interest using your investment amount and the annual interest rate entered in the form.

Monthly Income Formula
Monthly Income = Investment × Annual Rate ÷ 12

When using the formula, the annual rate is converted from a percentage into a decimal. For example, 7.4% becomes 0.074.

Example Calculation

Suppose you invest ₹5,00,000 at an annual interest rate of 7.4%. The estimated yearly interest would be ₹37,000. Dividing it by 12 gives an approximate monthly income of ₹3,083.33.

How to Use This POMIS Calculator

  1. Enter the amount you are planning to deposit in the Post Office Monthly Income Scheme.
  2. Check the annual interest rate and update it when the government announces a revised rate.
  3. Select or confirm the scheme tenure shown in the calculator.
  4. Click the calculate button to view monthly income, annual interest and total projected interest.

Understanding the Results

Monthly income is the estimated interest payment you may receive every month. Total interest represents the combined monthly interest over the full tenure, assuming the entered rate remains applicable.

Principal at maturity represents the original deposit amount. The total cash received combines the projected interest payments and the principal returned at maturity.

Frequently Asked Questions

Common questions about the Post Office Monthly Income Scheme calculator and estimated returns.

Monthly income is estimated by multiplying the deposit amount by the annual interest rate and dividing the result by 12. The actual payment may vary slightly because of official calculation and rounding rules.
The applicable rate is generally determined according to the rate available when the account is opened. Confirm the exact treatment and current rate with India Post before investing.
The scheme is intended to provide monthly interest payments. Interest is generally paid out rather than compounded within the MIS account. Reinvested income may earn returns separately.
The original eligible deposit is generally returned when the account completes its maturity period, subject to applicable account rules and any adjustments.
Interest earned may be taxable according to the investor's income-tax position and current Indian tax rules. Consult a qualified tax professional for advice related to your case.
Yes. The rate field is fully editable, allowing you to use the latest notified rate or compare different income scenarios.
No. The results are mathematical estimates based on the information entered. Official returns depend on the rate, deposit date, account rules, payment processing and taxation.