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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