OnlineToolsKitPro.in Your All-in-One Toolkit

MIS Calculator

Calculate Monthly Income Scheme returns with guaranteed monthly payouts. Get accurate monthly income, maturity amount, and total returns for Post Office MIS and other monthly income schemes.

AdSense Banner

MIS Investment Details

Post Office MIS
Bank MIS
Senior Citizen
Corporate MIS
₹
₹5,00,000
Post Office MIS: Minimum ₹1,50,000, Maximum ₹45,00,000 (single) / ₹90,00,000 (joint)
5 Years
%
7.4%
Current Post Office MIS Rates:
General Public 7.4% per annum
Senior Citizens 8.2% per annum
Monthly Payout ₹6,167 on ₹10 lakh
Tenure 5 years
₹3,083
Estimated Monthly Income

Additional Options

Higher interest rates for senior citizens (typically +0.50% to 0.80%)
Higher investment limit (up to ₹90 lakhs for Post Office MIS)
Choose how you want to receive your interest payments
%
Additional interest offered by some banks or corporate schemes

MIS Investment Results

₹0
Monthly Income
₹0
Total Interest Earned
₹0
Maturity Amount

Enter MIS details and click "Calculate MIS Returns" to see your monthly income

AdSense Banner

MIS Investment Benefits

  • Regular Monthly Income: Perfect for retirees and those needing steady cash flow
  • Government Backed: Post Office MIS comes with sovereign guarantee
  • Fixed Returns: Predictable monthly income regardless of market conditions
  • Loan Facility: Can avail loans against MIS certificates
  • Nomination Facility: Available for all MIS accounts
  • Premature Closure: Allowed after 1 year with certain conditions
  • Tax Benefits: TDS not applicable, but interest is taxable

Regular Income

Guaranteed monthly payouts provide stable cash flow for your expenses

Capital Safety

Your principal amount remains secure with government-backed schemes

Flexible Investment

Wide range of investment amounts to suit different financial goals

Senior Benefits

Higher interest rates and additional benefits for senior citizens

AdSense Banner

MIS Frequently Asked Questions

What is the minimum investment in Post Office MIS?

The minimum investment amount in Post Office Monthly Income Scheme is ₹1,50,000 for a single account and ₹1,50,000 for the first account in joint mode.

Can I withdraw MIS before maturity?

Yes, premature withdrawal is allowed after 1 year but before 3 years with a deduction of 2% of the deposit. After 3 years, 1% of the deposit is deducted.

Is MIS interest taxable?

Yes, interest earned from MIS is taxable as per your income tax slab. However, there is no TDS deduction on MIS interest.

What is the maximum investment limit in MIS?

For a single account, the maximum is ₹45 lakhs. For joint accounts, the maximum is ₹90 lakhs (₹45 lakhs per person).