Calculator
Post Office MIS Calculator
Monthly income from a Govt-backed deposit — 5-year tenure, principal returned at maturity.
dhanmetrics.com · Educational illustration only · Not investment advice
Monthly income
₹5,550
₹66.6K per year · 7.4% guaranteed
What this means
Post Office MIS is the most accessible "salary replacement" instrument — no markets, no NAVs, just ₹5.5K arriving on the same date every month. The interest is taxable as per slab but there's no TDS. Single-account cap is ₹9L; joint goes up to ₹15L. Best as a small income tier inside a larger retirement portfolio — pair it with SCSS for the pension layer.
What if you…
Maxed at ₹9L (single-account cap)
₹5.5K/mo
₹0/mo
Maxed at ₹15L (joint account)
₹9.3K/mo
+₹3.7K/mo
Got a 8.4% rate (1% higher)
₹6.3K/mo
+₹750/mo
Educational illustration. Post Office MIS rates revise quarterly. Interest is fully taxable as per your slab. 5-year tenure; premature closure attracts a 1–2% penalty.
Adjust your scenario
Type, drag, or tap a chip — the result on the right updates instantly.
Inputs
Steady monthly income from a Govt-backed deposit.
Max ₹9,00,000 single, ₹15,00,000 joint. Multiples of ₹1,000. Min ₹1,000.
Current Govt rate is 7.4% (Q3 FY 2025–26). Rate is fixed at opening and stays for the full tenure.
Standard MIS tenure is 5 years. Premature closure allowed after 1 yr with reduced returns (1–2% penalty).
Growth chart