Strategic financial modeling for your target involving MIS (Monthly Income Scheme) Returns Calculator
Calculate your MIS (Monthly Income Scheme) maturity amount, interest earned, and tax benefits. Fixed at 7.4% for the current quarter. Secure your future with government-backed savings.
Real-World Scenarios
Based on ₹1.5L annual investment. MIS (Monthly Income Scheme) offers guaranteed returns with sovereign safety.
After 5 years, your corpus grows significantly due to compound interest and tax-free status where applicable.
Professional Strategy Insights
- Maximize your 80C deductions by investing in MIS (Monthly Income Scheme) early in the financial year (April) to earn interest for the full 12 months.
- For long-term goals like a child₹s wedding or education, PPF provides the best risk-free compounding in India.
Frequently Asked Questions
Is MIS (Monthly Income Scheme) tax-free?
Interest is usually taxable at your slab rate, though principal may be eligible for 80C deduction.
What is the current interest rate for MIS (Monthly Income Scheme)?
The current rate is 7.4% (revised quarterly by the Govt of India). Rate for Q1 2026 is stable.
eCalcy Editorial Team
Verified ExpertFinance Research & Editorial Board, eCalcy
Financial Technology Specialists · RBI, SEBI & IRS Verified Calculators
Reviewed: April 2026
Every formula and editorial guide on eCalcy is reviewed by the eCalcy Editorial & Research Board and cross-referenced against RBI circulars, SEBI regulations, and the Income Tax Department guidelines. eCalcy is NOT a SEBI-registered investment advisor — all tools are educational planning aids only.
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