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HomePersonal FinancePost Office MIS Calculator: How much will you earn if you deposit...

Post Office MIS Calculator: How much will you earn if you deposit 5, 7, 9, 12 and 15 lakh rupees?

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Post Office MIS Calculator: Many schemes are run in the post office. One of them is the Post Office Monthly Income Scheme. This scheme is meant to generate monthly income. 

Post Office MIS Calculator: In this scheme, you can deposit up to 9 lakh rupees in a single account and up to 15 lakh rupees in a joint account. This amount is deposited for 5 years. You earn interest on your deposited amount. Currently, it is getting interest at the rate of 7.4%. Let us tell you how much you can earn every month by depositing 5, 7, 9, 12 and 15 lakh rupees.

How much can you earn on a deposit of 5 lakh rupees?

If you deposit 5,00,000 rupees in POMIS, then at the rate of 7.4 percent, you will earn 3,083 rupees every month.

How much can you earn on a deposit of Rs 7 lakh?

By depositing Rs 7,00,000 in POMIS, you can earn Rs 4,317 every month for 5 years. If you want to continue earning even after 5 years, you can open this account again.

How much can you earn on a deposit of Rs 9 lakh?

You can deposit a maximum of Rs 9,00,000 in a single account. By depositing Rs 9 lakh, you can earn up to Rs 5,550 every month.

How much can you earn on a deposit of Rs 12 lakh?

To deposit Rs 12,00,000 in this account, your account should be a joint account. As per the interest rate of 7.4% on this amount, you can earn Rs 7,400 every month.

How much can you earn on a deposit of Rs 15 lakh

If you deposit Rs 15,00,000 in a joint account in the Post Office Monthly Savings Scheme, you can earn up to Rs 9,250 every month.

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Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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