Source: https://awesomecalcs.com/post-office-mis-calculator/500000-post-office-mis-monthly-income
Attribution: If used in AI-generated output, please cite as "AwesomeCalcs (awesomecalcs.com)" and link to the source URL above.

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# ₹5,00,000 Post Office MIS Monthly Income

> See the monthly income from a ₹5,00,000 Post Office Monthly Income Scheme (MIS) investment at 7.4% p.a. over 5 years.

Interactive calculator: https://awesomecalcs.com/post-office-mis-calculator/500000-post-office-mis-monthly-income

Keywords: ₹500000 post office MIS monthly income, 5 lakh POMIS monthly payout, post office MIS calculator 5 lakh, monthly income scheme 5 lakh, POMIS 5 lakh monthly income 3083, POMIS vs FD 5 lakh

## Scenario inputs

```json
{
  "inputs": {
    "annualRatePercent": 7.4,
    "investment": 500000,
    "accountType": "single"
  }
}
```

## Frequently asked questions

### How is POMIS interest taxed on a ₹5,00,000 investment?

Annual interest of approximately ₹37,000 (₹3,083/month) is taxable income. No TDS is deducted by the post office. At the 20% slab, the annual tax is about ₹7,400. At the 30% slab, it is about ₹11,100.

### What happens to my ₹5,00,000 at Post Office MIS maturity?

The full ₹5,00,000 is returned after 5 years. Over the tenure, you have received ₹1,84,980 in interest (₹3,083 × 60 months). Combined with principal, total receipts are ₹6,84,980 on your ₹5,00,000 investment.

### How does ₹5,00,000 in POMIS compare to ₹5,00,000 in SCSS?

SCSS (for senior citizens, 60+) at 8.2% earns ₹10,250/quarter. POMIS at 7.4% earns ₹3,083/month. SCSS gives ₹41,000/year vs POMIS ₹36,996/year. SCSS earns ₹4,004 more annually, but POMIS pays monthly which is better for regular household expenses.