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The post office MIS interest rate calculator or monthly income calculator is an automated tool for calculating monthly income after an estimated investment in the scheme. The tool uses a formula box that provides instant solutions as you enter some basic details about the investments.
14 sie 2024 · Omni's Post Office Monthly Income Scheme calculator (MIS calculator) allows you to calculate your monthly income from an MIS account. Just enter the investment amount and the prevailing interest rate, and the Post Office MIS calculator will give you the monthly interest payable.
Calculate Monthly Income: Our calculator will instantly show your expected monthly income and total earnings over the investment period. Why Use Our Post Office MIS Calculator? Accurate Calculations: Get precise monthly income projections based on the latest MIS interest rates.
You can easily calculate your monthly interest earnings from the Post Office Income Scheme using the Post Office MIS Calculator from Navi. Just enter your investment amount as ₹1 Lakh, interest rate as 7.1% (valid until 31st March, 2023), and lock-in period as 5 years.
Interest rate and tenure will be selected automatically by Post Office Monthly Income Scheme calculator. Once you've provided all the necessary details, click the "Calculate" button. The calculator will display the Monthly Interest Amount you will receive every month on your investment.
Post Office Monthly Income Scheme Calculator Formula. The formula to calculate the interest received from a post office monthly income scheme is a simple one. Here is how you can calculate the monthly interest on your investment in POMIS: POIMS monthly interest = Amount Invested * Annual Rate of Interest/12.
Post Office Monthly Income Scheme(POMIS), read on to understand eligibility, tax implications, and other related benefits on a stable income-providing scheme with a 5-year lock-in, with a maximum limit of Rs 9 lakhs.
