How much can I deposit?

Nine lakh rupees in a single account and fifteen lakh in a joint one. The tool applies the ceiling for the account type you select and will not compute a deposit above it.

Does the monthly income change over the five years?

No. It is fixed at the rate applying when you deposit, which means it buys steadily less as prices rise. That is the main limitation of the scheme.

Do I get the deposit back?

Yes, in full at the end of the term. The monthly payments are interest only and never touch the capital.

Can I withdraw early?

After one year, with a deduction from the deposit that reduces the longer you have held it. Within the first year, no withdrawal is permitted.

Post Office MIS Calculator

Monthly income from a post office deposit, with the account caps applied.

Everything runs inside your browser. Your files never leave your device.

Result

The result appears here as you type.

Ask about Post Office MIS Calculator

Questions about what this tool does, which option to pick, or what it can and cannot handle.

The question you type here is sent to an AI provider to be answered — your files and whatever you put in the tool above are not, and the assistant cannot see them. Answers are generated and can be wrong. The tool itself is not guessing: it runs deterministic code on your device.

About the Post Office MIS Calculator

The Post Office Monthly Income Scheme converts a lump sum into a monthly payment for five years and then hands the lump sum back. There is no growth and no compounding — the deposit is a rate-earning asset and the interest is spent as it arrives.

The appeal is that the payment is fixed, guaranteed by the government, and lands in a linked savings account every month without any action from you. For someone who needs a predictable amount each month and cannot tolerate a variable one, that combination is difficult to reproduce elsewhere at the same risk.

The deposit ceilings are the constraint that decides most cases, and they differ by account type: nine lakh rupees for a single account and fifteen lakh for a joint one. The tool applies the right ceiling for the account you pick and refuses a deposit above it rather than quietly computing an income you cannot actually receive. Where a household needs more income than the ceiling supports, the usual arrangement is a single account and a joint account held in different combinations.

What the scheme does not do is protect the capital's value. Five years of six per cent inflation takes roughly a quarter off what the returned deposit will buy, and the monthly payment does not rise at all in the meantime. Against a rising cost of living, a fixed income is a shrinking one, and the inflation tool will put a number on it.

The income is taxable as income from other sources, and there is no deduction for the deposit itself.

How to use it

1Choose whether the account is single or joint — it sets the deposit ceiling.
2Enter the deposit and the rate from the current notification.
3Read the monthly income figure, which is what will actually arrive each month.
4Run the same deposit through the inflation tool to see what that income is worth in five years.

Questions

How much can I deposit?: Nine lakh rupees in a single account and fifteen lakh in a joint one. The tool applies the ceiling for the account type you select and will not compute a deposit above it.
Does the monthly income change over the five years?: No. It is fixed at the rate applying when you deposit, which means it buys steadily less as prices rise. That is the main limitation of the scheme.
Do I get the deposit back?: Yes, in full at the end of the term. The monthly payments are interest only and never touch the capital.
Can I withdraw early?: After one year, with a deduction from the deposit that reduces the longer you have held it. Within the first year, no withdrawal is permitted.