The Post Office Monthly Income Scheme (POMIS) is a safe and reliable investment option for those seeking fixed monthly income. Our free MIS calculator helps you calculate your monthly payout, total interest earned, and maturity amount — instantly and accurately.
Post Office Monthly Income Scheme POMIS is a government-promoted savings scheme offered by the Department of Post (DoP) or Indian Post.
POMIS gives investors monthly returns in the form of interest payments. GOI have kept the post office monthly income scheme interest rate at 7.6% in current quarter from Jan 01, 2026 .
Usually the scheme’s interest rates are announced every quarter and is fixed and changed by the Central Government and Finance Ministry every quarter depending on the returns yielded by Government bonds of the same tenure.
Having said that you may see some changes in rate of interest going little higher than current in future, to use the POMIS calculator you just need to enter the investment amount, also keep in mind:
- In case of single account, maximum investment allowed in POMIS is Rs.9 lakhs
- In case of joint holders (up to 3 joint holders), maximum of Rs.15 lakhs can be invested in POMIS
- The lock in period is minimum 1 year and the maturity period is 5 years (60 months)
So, go ahead and check the returns you can get on monthly basis as well as the total interest earned throughout tenure using post office monthly income scheme calculator.
You can also read about all the things necessary related to POMIS in detail step by step below.
Related Tools:
💡 What is the Post Office MIS Scheme?
The Post Office Monthly Income Scheme (MIS) is a government-backed savings plan offering guaranteed monthly interest payouts for 5 years. It’s ideal for retirees, conservative investors, and anyone seeking regular income.
📈 Key Features of MIS (2026)
Feature |
Details |
|---|---|
Interest Rate |
7.6% per annum (as of Jan 2026) |
Tenure |
5 years |
Minimum Investment |
₹1,000 |
Maximum (Single Account) |
₹9,00,000 |
Maximum (Joint Account) |
₹15,00,000 |
Payout Frequency |
Monthly |
Premature Withdrawal |
Allowed after 1 year (penalty applicable) |
📊 MIS vs FD vs SWP – Which is Better?
Feature |
MIS |
Bank FD (5 Yr) |
Mutual Fund SWP |
|---|---|---|---|
Return Type |
Fixed |
Fixed |
Market-Linked |
Risk Level |
Very Low (Govt-backed) |
Low |
Medium |
Liquidity |
After 1 year (penalty) |
After lock-in |
Flexible |
Monthly Income |
Yes |
Only if FD is monthly |
Yes (SWP) |
Frequently Asked Questions (FAQs)
1. What is the current interest rate of Post Office MIS in 2026?
As of Jan 2026, the interest rate is 7.6% per annum, paid monthly.
2. Is the MIS interest taxable?
Yes, the interest earned from MIS is taxable as per your income tax slab, but no TDS is deducted.
3. Can I withdraw my money early?
Yes, premature withdrawal is allowed after 1 year, but with a penalty:
-
1–3 years: 2% deduction
-
After 3 years: 1% deduction
4. Is Post Office MIS safe?
Yes, it’s backed by the Government of India, making it one of the safest fixed income options.
5. Can I open a joint account?
Yes, up to 3 adults can open a joint MIS account. The maximum limit increases to ₹15 lakhs for joint accounts.
6. Can I reinvest after 5 years?
Yes, you can reinvest the maturity amount in another MIS or any other post office scheme.
🧠 Pro Tip:
Pair your MIS investment with an SIP or SWP strategy to get monthly income plus long-term growth. Use our SIP Calculator or Lumpsum + SIP Calculator to plan effectively.
Conclusion
The Post Office Monthly Income Scheme (MIS) remains a trusted choice in 2026 for individuals seeking stable and predictable monthly income with minimal risk. Whether you’re a retiree, a conservative investor, or someone planning passive income, using an accurate MIS calculator helps you make informed financial decisions.
Use our tool to instantly calculate your monthly returns and compare them with other fixed-income instruments. Make sure your money works smartly for you—safely and consistently.
Note: Please do your own research and make investment. Moneycontain will not be responsible for any of your losses at all. The point made is for educational purpose only and intended to give information. All investments are subject to risks, which should be considered prior to making any investments.
Disclaimer
The Post Office MIS Calculator provided on this page is for informational and illustrative purposes only. Interest rates are subject to change as per the Government of India’s official notifications. Always verify the latest rates and terms with the nearest post office or on the India Post website before making any financial decisions.
This content does not constitute financial advice. Please consult a certified financial advisor for investment planning tailored to your goals.
