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Post Office MIS Calculator
Post Office Monthly Income Scheme — simple interest paid every month. Principal returned at maturity after 5 years.
Inputs
Results
Principal₹ 5,00,000
Tenure5 years (fixed)
Monthly Interest Payout₹ 3,083
Annual Interest₹ 37,000
Total Interest (5 yrs)₹ 1,85,000
Maturity Value (Principal)₹ 5,00,000
Premature Closure (1–3 yrs) Penalty₹ 10,000 (2% of principal)
Premature Closure (3–5 yrs) Penalty₹ 5,000 (1% of principal)
Tax on InterestTaxable as per slab (no TDS)