Post Office MIS Calculator India 2026

It estimates your monthly interest income and total payout from a Post Office Monthly Income Scheme (MIS) based on the investment amount, tenure, and MIS interest rate, helping you plan stable monthly income in ₹ under India Post MIS rules. It's an estimate — the actual income depends on the official MIS rate and scheme terms on your deposit date.

MIS interest is paid out monthly, not compounded like cumulative deposits, which makes it suitable for regular income planning but not for reinvestment-style growth. The principal is returned in full at maturity.

Yes. Interest earned from Post Office MIS is fully taxable each year as per your income tax slab. This calculator shows gross income only — consult a qualified tax professional for your net monthly income after tax.

Premature closure is allowed after 1 year, subject to a penalty (typically a deduction from the principal depending on the tenure completed). Confirm the current premature-closure terms at your post office before investing.

The maximum investment is ₹9 lakh for a single account and ₹15 lakh for a joint account, as per current India Post rules. Multiple MIS accounts by the same individual across post offices are not allowed beyond these limits.