Post Office MIS Calculator

₹

= ₹9,00,000 (9 lakh)

Up to ₹9 lakh in a single account, ₹15 lakh in a joint account.

Account type
%

Post Office MIS: 7.4% (Oct–Dec 2026). The rate on the day you open the account stays for all 5 years.

Monthly income

₹5,550

  • Deposit 73%
  • Interest 27%
Yearly income
₹66,600
Total interest in 5 years
₹3,33,000
Deposit back at maturity
₹9,00,000
Total you receive
₹12,33,000
  • Interest is paid every month and is taxed at your slab rate. It does not compound unless you reinvest it, for example in a Post Office RD.
  • Closing before 5 years: not allowed in year 1, 2% of the deposit is cut in years 2 to 3, 1% after that.

Year-by-year table and more on Gainly ↗