Savings · Government

Post Office MIS Calculator

Turn a one-time deposit into monthly income at 7.4% for 5 years — principal returned at maturity.

Deposit details

Max ₹9 L single, ₹15 L joint account

Q2 FY 2026-27: 7.4%

Fixed 5-year tenure

Rate & data freshness

Rate applies to: Q2 FY 2026-27
Last updated: July 2026
Next review: September 2026

Default rate based on the latest official Government of India notification. Please verify the current rate before making financial decisions.

Monthly income

₹5,550

for 5 years — principal returned

Yearly income
₹66,600
Total interest (5 yrs)
₹3,33,000
Principal returned
₹9,00,000

Interest is paid monthly. Principal is returned separately at end of 5 years.

Formula

How the math works

Monthly Income = P × r / 12 ;  Maturity = P (principal returned)
P
One-time deposit
r
Annual rate (7.4% currently)
Tenure
5 years fixed
Method

How it works

  1. 1

    Enter your one-time deposit (min ₹1,000, max ₹9 L single / ₹15 L joint account).

  2. 2

    CalcPe applies the 7.4% rate and pays interest monthly.

  3. 3

    Principal is returned at the end of the 5-year tenure.

  4. 4

    Monthly payouts can be auto-credited to a linked savings account.

Worked example

A quick walkthrough

Inputs

Deposit ₹9,00,000 in single POMIS account at 7.4% for 5 years.

Steps

  • Monthly income = 9,00,000 × 7.4% / 12
  • = ₹5,550

Result

Monthly income ₹5,550 · total 5-yr interest ₹3,33,000 · principal returned at maturity.

Why use it

Why CalcPe’s Post Office MIS Calculator

  • Guaranteed monthly cash flow — great for retirees.
  • Government-backed — zero default risk.
  • Higher rate than most savings accounts / short FDs.
  • Can be transferred between post offices in India.
FAQ

Frequently asked questions

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