Post Office Monthly Income Scheme (MIS) Calculator
Monthly income from the Post Office MIS at the current 7.4% rate for single and joint accounts.
Result
How to use
- 1
Choose a single or joint account and enter the deposit.
- 2
Check the interest rate.
- 3
See the monthly income, the total interest over 5 years and the amount returned at maturity.
Questions
What is the current Post Office MIS rate?
7.4% a year, paid monthly, for October–December 2026 (Q3 FY 2026-27). The government left all small savings rates unchanged on 30 September 2026. The rate on the day you invest stays the same for the full 5 years.
How much can I invest?
Minimum ₹1,000, in multiples of ₹1,000. The maximum is ₹9 lakh in a single account and ₹15 lakh in a joint account (up to 3 adults), counting all your MIS accounts together.
Can I close it early, and is it taxable?
You can close it after 1 year: 2% of the deposit is deducted if closed between 1 and 3 years, and 1% after 3 years. The interest is fully taxable at your slab rate and there is no tax deduction for the deposit.
About this Post Office MIS tool
Post Office Monthly Income Scheme (MIS) Calculator — Monthly income from the Post Office MIS at the current 7.4% rate for single and joint accounts. It is one of 200 free tools on namasivayam.in, made by software engineer Namasivayam Vadivelan for everyday use in India.
Everything is calculated instantly in your browser: nothing you type or upload is sent to any server, there is no sign-up, and it works on mobile and desktop. Choose a single or joint account and enter the deposit.
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Results are estimates to help you plan. They are not financial, tax or medical advice.