This page is a guide to monthly-interest arithmetic for Post Office MIS. It has no interactive MIS calculator and does not automatically apply a current-quarter scheme rate.
Illustrative monthly income
Monthly interest = investment × annual rate ÷ 12, with the percentage written as a decimal. At an illustrative 7.4% annual rate, ₹1,50,000 × 0.074 ÷ 12 = ₹925 a month.
The 7.4% figure is an assumption for this example. Verify the rate applicable when opening the account and the current scheme’s eligibility, deposit limits, payout and closure conditions.
Use the working tool
A separate POMIS calculator can show an estimate under its displayed assumptions. The example here does not certify a current scheme entitlement or a tax treatment.
Separate income from principal
Interest paid out is income; it is not a new deposit automatically compounded within this illustration. Keep the amount invested, interest received and any deductions distinct when planning your budget.
Last Updated on 4 weeks ago by Team Paisaseekho
