Post Office MIS Scheme Calculator (POMIS)
Instantly calculate your monthly income with our official Indian Post Office MIS Calculator. Enter your investment amount to see your monthly earnings based on the current interest rates for both single and joint account holders.
Last Updated: October 24, 2025
$$ \text{Annual Interest} = \frac{\text{Principal} \times \text{Rate}}{100} $$
$$ \text{Monthly Interest} = \frac{\text{Annual Interest}}{12} $$
| Feature | Post Office MIS | Bank FD | Senior Citizen Savings Scheme (SCSS) |
|---|---|---|---|
| Eligibility | Resident Indian Adult | Resident Indian Adult | Indian Citizen above 60 years |
| Interest Payout | Monthly | Monthly/Quarterly/Annually or at Maturity | Quarterly |
| Tenure | 5 Years | 7 days to 10 years | 5 Years (extendable by 3 years) |
| Tax on Interest | Taxable as per slab | Taxable as per slab (TDS applicable) | Taxable as per slab (TDS applicable) |
| Section 80C Benefit | No | Yes (for 5-year tax-saver FDs) | Yes |
- Investment Amount: ₹15,00,000 (Maximum for joint account)
- Account Type: Joint
- Interest Rate: 7.4% (Current rate)
Using the calculator, they find that their investment will generate a guaranteed monthly income of ₹9,250. This amount is directly credited to their Post Office savings account every month for the next 5 years, providing them with a reliable and hassle-free income stream.