Monthly Income Scheme (MIS) se har months kitni income milegi calculate.
Disclaimer: Post Office MIS rate is reviewed by the government quarterly. Principal is returned at maturity. This is for information and estimation purposes only.
A Monthly Income Scheme (MIS) — such as the Post Office MIS or a bank MIS deposit — lets you invest a lump sum and receive a fixed interest payout every month. It is popular with retirees and anyone wanting a steady, predictable income stream from their savings without touching the capital.
This calculator works out your monthly payout from your investment amount and the annual interest rate: monthly income = (principal × annual rate ÷ 100) ÷ 12. The principal remains intact and is returned at the end of the term. Enter your deposit and rate to see your monthly income and total annual return.
For example, ₹9,00,000 invested at 7.4% per year pays about ₹5,550 every month (₹66,600 a year), with your ₹9 lakh returned at maturity. MIS is ideal when you want regular cash flow rather than a lump sum at the end.
Yes. Bank and Post Office MIS schemes return your full principal at the end of the term.
Yes, the monthly interest is added to your income and taxed at your slab.