Neutral impactEconomy
Post Office MIS: How Much Monthly Income Can Rs 9 Lakh Generate?
NDTV Profit 5 hrs ago·5 Nov 2026, 5:32 pm
The Indian Post Office Monthly Income Scheme (MIS) is a popular, government-backed investment option designed to provide a steady monthly payout. The scheme requires a lump sum deposit, which is locked away for a fixed five-year term. The key feature for investors is that the monthly income is calculated as a simple interest on the principal amount, paid out directly to the account holder.
This makes MIS an attractive choice for risk-averse investors, particularly retirees, who are looking for a safe alternative to bank fixed deposits. The interest rate is fixed at 7.4% per annum, which is currently higher than many bank FD rates. Since the principal amount is returned at the end of the five-year term, the scheme offers capital protection along with a regular income stream.
For investors looking at a Rs 9 lakh investment, the monthly income would be approximately Rs 5,550. This predictable cash flow can help meet regular expenses. However, investors should note that the interest earned is fully taxable under the head 'Income from Other Sources'. To maximize returns, it is advisable to invest the maximum permissible amount of Rs 9 lakh per individual.
Key takeaways
- Category: Economy.
- Assessed as a significant, market-relevant update.
Why it matters
A meaningful update worth tracking. Use the price and stock snapshot to gauge how the market is responding.
