Monthly Income Scheme (MIS)
Post office MIS calculator
The Monthly Income Scheme pays interest every month on an amount invested once, for 5 years. The amount comes back at maturity.
Interest every month
₹616.67
- Interest rate
- 7.4% a year
- Matures in
- October 2031
- Total interest
- ₹37,000
- Amount + interest
- ₹1,37,000
Agent commission (0.5%) ₹500
For post office agents
Every TD, MIS, NSC and KVP of your customers, in one app
RD Agent’s Small Savings (SAS) records each investment, warns you before it matures, shows the interest due this week and the commission you earn — right next to your RD collection.
- Maturity and interest alerts
- Commission expected, received and due
- Families, nominees and joint holders
- Your customers imported from Excel
Monthly Income Scheme (MIS) interest rate by date
| Invested from | Rate a year |
|---|---|
| 1 April 2023 | 7.4% |
| 1 January 2023 | 7.1% |
| 1 October 2022 | 6.7% |
| 1 April 2020 | 6.6% |
| 1 July 2019 | 7.6% |
| 1 October 2018 | 7.7% |
| 1 January 2018 | 7.3% |
| 1 July 2017 | 7.5% |
| 1 April 2017 | 7.6% |
| 1 October 2016 | 7.7% |
| 1 April 2016 | 7.8% |
Rates as notified by the Ministry of Finance (National Savings Institute). The rate of the day of investment stays for the whole term.
Questions people ask
What is the post office MIS interest rate now?
7.4% a year, paid every month, for accounts opened now.
How much is the monthly interest on ₹1,00,000?
At 7.4%, ₹616.67 every month — ₹37,000.00 in 5 years.
How much can be invested in MIS?
Up to ₹9,00,000 in a single account and ₹15,00,000 in a joint account.
More post office calculators
An estimate: the post office’s own figures are final. This is not an India Post website.