PO MONTHLY INCOME SCHEME RETURN CALCULATOR

Important Notes:

Minimum investment is ₹1,000. Maximum is ₹9,00,000 for a single account and ₹15,00,000 for a joint account.
The tenure for POMIS is fixed at 5 years.
Interest is paid out monthly to your linked Post Office Savings Account or bank account.
Interest earned is taxable as per your income tax slab.

MrBonda

About Our TOOL

Look, we all know Post Office schemes are solid. Especially that Monthly Income Scheme – good for steady paisa, right? But the math part? Uff! Who has the time? That’s where this calculator comes in. It’s simple. It’s fast. It tells you exactly what you want to know about your POMIS returns. No fuss, no confusion, just straight-up numbers in our own Indian Rupees.

Why Our Tool Is Your Best Friend for POMIS Planning

Monthly Money, Clear View: See exactly what you’ll bank each month. No surprises.
Single or Joint? Sorted! It knows the limits (₹9L/₹15L). You just pick.
Total Interest? Bam! Get the big picture of your 5-year earnings.
You Control the Rate! Current rate is in, but if it changes, you change it. Easy.
Principal Back? Yep! See your original cash returned, clear as day.

How’s Our Tool Helps?

Thinking of POMIS? Smart move. But before you even step out, use this.

Plan Your Life: Got bills? See if POMIS interest can take care of some.
Invest Smarter: ₹5 Lakhs or ₹7 Lakhs? Compare! See the difference yourself.
Hit Your Targets: Need a certain amount monthly? This shows you the investment needed.

It’s like having a financial whiz in your pocket, just for POMIS!

FAQ’s:

Is this calculator as good as the Post Office’s own?

Listen, the math is the math. This tool uses the official formula, so it’s spot-on for your planning. But final numbers? Always double-check with the Post Office. This gives you the power to walk in prepared!

Interest rates keep changing, no? What then?

That’s the beauty of it! We set the current rate, but you can type in any rate you want. Old rate, new rate, hypothetical rate – you’re in charge.

What about tax on this interest?

Good question. Yes, the interest is taxable. It’s income, after all. The tool even reminds you!