SBI MIS Calculator (for Annuity Deposit Scheme)
Our SBI Monthly Income Scheme Calculator is designed to give you a clear estimate for the Annuity Deposit Scheme. Whether you're a general investor or looking for the SBI MIS calculator for senior citizens, simply enter your investment amount to see a detailed breakdown of your potential monthly earnings.
Last Updated: August 20, 2025
$$ A = P \times r \times \frac{(1+r)^n}{(1+r)^n - 1} $$
| Feature | SBI Annuity Deposit | Recurring Deposit (RD) |
|---|---|---|
| Cash Flow | Lump sum IN, Monthly payments OUT | Monthly payments IN, Lump sum OUT |
| Purpose | Generate regular income | Build a corpus over time |
| Principal Status | Principal is returned as part of monthly payout | Principal is paid back in full at maturity |
| Best For | Retirees needing pension | Salaried individuals saving for a goal |
- Investment Amount: ₹20,00,000
- Tenure: 10 years (120 months)
- Customer Type: Senior Citizen
As a senior citizen, Mr. Gupta gets a preferential interest rate. Using the calculator, he finds he will receive a fixed monthly payout of approximately ₹24,800 for the next 10 years. This provides him with a stable and predictable income stream to manage his monthly expenses without worrying about market fluctuations.