Monthly Income: ₹0
Are you looking for a safe investment that offers guaranteed monthly income? The Post Office Monthly Income Scheme (POMIS) is one of the most trusted options backed by the Government of India. To make your planning easier, we’ve created a free Post Office Monthly Income Scheme Calculator that helps you estimate your monthly earnings based on your investment.
What is the Post Office Monthly Income Scheme?
The Post Office Monthly Income Scheme (POMIS) is a savings plan that offers a fixed monthly interest payout. It’s ideal for retired individuals, senior citizens, and anyone seeking stable monthly income with low risk. The scheme is available at all post offices in India and is open to individuals and joint account holders.
- ✅ Interest is paid monthly
- ✅ Lock-in period of 5 years
- ✅ Current interest rate: 7.4% p.a. (as of Q1 2025)
What is the Post Office Monthly Income Scheme Calculator?
The MIS Calculator is a handy tool that helps you estimate how much monthly income you can earn based on your investment. Instead of manually calculating interest, you just need to enter your investment amount, and the calculator will display your monthly payout instantly.
How Does the Post Office MIS Calculator Work?
Monthly Income = (Investment Amount × Annual Interest Rate) ÷ 12
Let’s say you invest ₹4,50,000 in POMIS, and the interest rate is 7.4%:
- Monthly Income = (4,50,000 × 7.4%) ÷ 12 = ₹2,775 per month
Our calculator does this automatically for you.
How to Use the MIS Calculator?
- Enter Investment Amount – You can invest up to ₹9 lakhs in a single account or ₹15 lakhs in a joint account.
- Click on Calculate – The calculator will instantly show your monthly income.
- Adjust & Compare – Try different amounts to compare monthly benefits.
It’s that simple!
Benefits of the Post Office MIS Calculator
- ✅ Quick & Accurate – No need for manual calculations.
- ✅ User-Friendly – Mobile and desktop-friendly interface.
- ✅ Helps in Planning – Know your fixed monthly income in seconds.
- ✅ Free to Use – No login or subscription needed.
Disclaimer
This calculator is for educational and estimation purposes only. The actual returns may vary based on the official interest rates announced by the Government of India. Always consult with a certified financial advisor before making any investment decisions. or visit website
FAQs (Frequently Asked Questions)
1. What is the maximum limit for investment in the Post Office MIS?
You can invest up to ₹9 lakhs individually and ₹15 lakhs jointly.
2. Is the interest from POMIS taxable?
Yes, the interest earned is taxable as per your income tax slab. However, no TDS is deducted.
3. Can I withdraw money before 5 years?
Yes, premature withdrawal is allowed after 1 year, with some penalty charges.
4. Is it possible to reinvest the maturity amount?
Yes, you can reinvest in POMIS or other post office schemes after maturity.
5. Who should use the MIS calculator?
Anyone planning to invest in the POMIS scheme and wants to estimate monthly returns.
