Use this Monthly Income Scheme (MIS) calculator to estimate the fixed monthly income you can earn from a one-time lump-sum investment. Enter the deposit amount, interest rate, and tenure to calculate the expected monthly payout and total returns.
MIS products, including the Post Office Monthly Income Scheme, are designed to provide a steady and predictable cash flow. Interest is calculated on the deposited amount and paid out monthly, making MIS a popular choice for individuals seeking regular income.
Example: If you invest ₹100,000 at an interest rate of 7.4% per annum in a Monthly Income Scheme, the calculator will estimate the monthly income you may receive during the investment period.
Monthly Income Schemes are commonly chosen by retirees, senior citizens, and conservative investors who prefer stable returns and periodic income over long-term capital growth.
In a Monthly Income Scheme, a lump-sum amount is deposited for a fixed tenure. The interest earned on the investment is paid out every month, while the principal amount is returned at maturity. Some schemes may also allow reinvestment of monthly income.
Enter details and click Calculate