Understanding post office mis calculator
The monthly-income model pays interest out rather than reinvesting it inside the scheme. Spending those payouts leaves the original deposit unchanged in this simplified projection. If you reinvest the payouts elsewhere, use a separate investment calculation with that product's own rate and timing.
Formula and calculation method
Periodic payout = deposit × annual simple payout rate / payouts per year. Total payout = annual interest × holding years; principal is not compounded inside the account.
India income-scheme payout projection. Enter the official rate and an eligible principal for your account. No current rate, contribution cap, age eligibility, term extension, TDS or premature-closure penalty is implied by the examples. Reinvestment of payouts is excluded.
How to use post office mis calculator
- Set Eligible deposit amount. The example below uses 500000.
- Set Assumed annual payout rate (%). The example below uses 7.
- Set Holding years. The example below uses 5.
- Select Calculate to update the result. Reset restores the illustrated inputs. Copy, print or download your own result if you need a record.
Worked example
Example inputs
- Eligible deposit amount
- 500000
- Assumed annual payout rate (%)
- 7
- Holding years
- 5
- Monthly interest payout
- 2,916.66666667
- Annual interest payout
- 35000
- Total interest over entered term
- 175000
- Principal before any penalties
- 500000
Factors affecting your result
India income-scheme payout projection. Enter the official rate and an eligible principal for your account. No current rate, contribution cap, age eligibility, term extension, TDS or premature-closure penalty is implied by the examples. Reinvestment of payouts is excluded.
Changing eligible deposit amount changes the scenario being evaluated. Adjust one input at a time when comparing results, keep a copy of the assumptions, and compare values using the same unit and period. A precise arithmetic result does not make an uncertain assumption precise.
Frequently asked questions
How does the post office mis calculator work?
Periodic payout = deposit × annual simple payout rate / payouts per year. Total payout = annual interest × holding years; principal is not compounded inside the account.
What inputs does Post Office MIS Calculator need?
Enter eligible deposit amount, assumed annual payout rate (%), holding years. Read the unit labels; percentages are entered as ordinary percentages, not decimal fractions.
How should I interpret the post office mis calculator result?
India income-scheme payout projection. Enter the official rate and an eligible principal for your account. No current rate, contribution cap, age eligibility, term extension, TDS or premature-closure penalty is implied by the examples. Reinvestment of payouts is excluded.
Are my post office mis calculator inputs uploaded?
No. The calculation runs in this browser. Favorites, recent tool names, theme and formatting preferences may be saved locally, but calculation inputs are not sent to a calculation server or stored by this website. Shared links do not include entered values.
Method reference
Maintained by Calculators.buzz Editorial Team. Implementation date: . No professional credentials or clinical review are claimed. Read our methodology policy.