Post Office MIS Calculator
Post Office Monthly Income Scheme (POMIS)is a government-backed method for investors to obtain fixed monthly payments. It offers a secure scheme which is suitable for retirees in need of a consistent income stream.
Manual calculations can result in inaccuracies when estimating monthly income or maturity value. A Post Office MIS Calculator provides immediate and accurate estimates, facilitating more effective retirement planning without the need for complex calculations.
What is a Post Office MIS Calculator (POMIS)?
This free online tool computes monthly interest, total returns, and maturity amount from POMIS investments based on principal, rate, and fixed 5-year lock-in.
It applies the simple interest formula paid monthly:
(POMIS) monthly interest = Amount Invested * Annual Interest Rate/12
where
P is principal
r is annual rate
while accounting for TDS if interest exceeds ₹50,000/year.
Unlike spreadsheets, it handles rules like 2% premature withdrawal penalty after 1 year and joint account benefits seamlessly.
How Does a Post Office MIS Calculator Help?
An Post Office MIS Calculator can help you in these ways:
Easier Budget Planning:
An MIS Calculator promptly displays your monthly investment income, facilitating effortless planning of daily expenses and savings without manual calculations.
Clear After-Tax Returns:
It determines the amount of money you will receive after taxes (as MIS interest is entirely taxable), providing an accurate estimate of your actual monthly net income.
Smart Comparisons:
In a systematic way, you can effortlessly evaluate MIS returns. You can also check for alternatives like SCSS or Fixed Deposits. Ultimately, you get the most suitable option for your saving requirements.
Experiment with Various Scenarios:
You can check the final value considering hypothetical situations. You can check for the utmost permitted amount or find what will happen when you terminate the investment prematurely. It gives you an idea to assess penalties and precise results.
Example: Post Office MIS Calculator Breakdown
Consider a ₹9 lakh single-account investment at 7.4% for 5 years.
Using the calculator, you get:
Principal: | ₹9,00,000 |
Interest Rate: | 7.4% p.a. |
Tenure: | 5 years (fixed) |
Result | |
Monthly Payout: ≈ | ₹5,550 |
Total Interest: ≈ | ₹3,33,000 |
Maturity Amount: ≈ | ₹12,33,000 |
But if there is a premature withdrawal at 3 years incurs ≈ ₹18,000 penalty, reducing maturity to ≈ ₹10,80,000, demonstrating the tool's role in penalty visualisation.
How to use Stockify's MIS Calculator
Stockify's tool is senior-friendly and takes seconds. Follow these steps:
Enter Investment:
Enter ₹1,000–₹9 lakh (for a single person) or up to ₹15 lakh (for a couple) and the system will determine if you are eligible.
Set Rate & Term:
Use the pre-filled 7.4% rate and 5-year term, which can be changed for different situations.
Get an instant report:
See your monthly income, tax estimates, and download a PDF right away.
Advantages of Stockify's Post Office MIS Calculator
These are the advantages of Stockify’s Post Office MIS Calculator:
Real-Time Accuracy:
Integrates latest India Post rates (quarterly updates) with TDS/tax simulations for compliant planning.
Comprehensive Features:
Monthly payout schedules, maturity projections, and comparisons (MIS vs. SCSS/FD) in one interface.
Accessible Design:
No login required, mobile-optimized, multilingual, with "what-if" sliders for joint accounts or reinvestment.
Secure Extras:
Data encryption, portfolio integration, and 50K+ user-validated reliability for trusted results.
FAQ
Currently as of January 2026 (Q4 FY 2025-26) 7.4% p.a. is the Post Office MIS interest rate. It is paid monthly; subject to quarterly revision by the Ministry of Finance.
Any individual (aged 10+), jointly with up to 3 adults; max ₹9 lakh single, ₹15 lakh joint; NRIs ineligible.
Yes, as "income from other sources"; TDS applies if >₹50,000/year without Form 15G/H.
The rules for premature withdrawal follows as : 1. Allowed after 1 year: 2. There will be a 2% penalty on principal for 1-3 years 3. 1% for 3-5 years 4. No interest for closure period.
Yes, nomination at opening; transferable to another Post Office or successor; joint holders get seamless continuity.
POMIS offers monthly payouts (better for cash flow) vs. SCSS offers interests quarterly. Both offer similar safety but POMIS caps lower at ₹15 lakh joint.
The results from your POMIS calculator show up right away, in less than a second after you enter the information.
There aren't many risks because it's backed by the government and is safe. However, there are fees for early withdrawal, and returns may not be higher than inflation.
Yes, it uses official rates and formulas to make accurate guesses about monthly income and maturity.
Paid every month at a rate of 7.4% per year (Q4 FY 2025–26).
You need to just enter the amount of your investment (₹1,000–₹9 lakh single or ₹15 lakh joint) and the length of time you want it to last (5 years). The rate will fill in automatically.
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