What are the current investment limits for Post Office MIS?

As of July 18, 2025, the maximum investment is ₹9,00,000 for a single account and ₹15,00,000 for a joint account. The minimum investment is ₹1,000.

Is the interest income from MIS taxable?

Yes, the interest earned from the MIS is fully taxable under 'Income from Other Sources'. No TDS is deducted.

What are the penalties for premature closure of an MIS account?

You cannot close the account within the first year. A 2% penalty on the principal is charged for closure between year 1 and 3. A 1% penalty is charged for closure between 3 and 5 years.

Post Office MIS Calculator 2025 - Calculate Monthly Income

Account Type

Single Joint

Investment Amount

Annual Interest Rate

Tenure in Years

The official Post Office MIS tenure is 5 years.

Why Use Our MIS Calculator?

How It Works: Step-by-Step

$$ \text{Annual Interest} = \frac{\text{Principal} \times \text{Rate}}{100} $$

$$ \text{Monthly Interest} = \frac{\text{Annual Interest}}{12} $$

Why Use Our MIS Calculator?

How It Works: Step-by-Step

Frequently Asked Questions