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Calculate monthly income from Post Office MIS investment (5 years)
Estimated Monthly Income
Maturity Amount
Total Interest Earned
Post Office MIS (Monthly Income Scheme) is a government-backed savings scheme designed for regular income seekers. Invest a lumpsum (₹1,000-minimum), earn guaranteed 8.6% p.a., receive fixed monthly income (₹1,000 per ₹10,000 invested, roughly 10% p.a. as monthly installments), and recover principal at maturity (5 years). If you invest ₹10 lakh, receive ₹8,600 monthly income (8.6%) for 5 years, then recover ₹10 lakh entirely. MIS is ideal for: retirees (creates fixed monthly income), income-focused investors, parents funding their child's regular expenses. Unlike annuities (irreversible), MIS allows principal withdrawal at maturity. Tax: monthly income is taxable (at slab rate, TDS applicable), but principal recovery is tax-free. In India's low-interest environment (FD rates 6-7%), MIS at 8.6% is attractive for income seekers willing to lock capital 5 years.
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This calculator is provided for informational and educational purposes only. While we strive for accuracy, results should be verified with official sources or by consulting qualified professionals. Tax laws, rates, and regulations are subject to change. GotRedFlags is not responsible for financial decisions made based on these tools.