Calculating the attention won regarding a postoffice month-to-month earnings program is very easy. Utilizing the formula, you can easily calculate the attention income. Although not, the web Post office Month-to-month Money Design calculator also spends the fresh new exact same algorithm to select the results.

Let’s understand this top having an illustration. Mr. Kumar invested INR cuatro lakhs regarding the post office MIS strategy from inside the . The existing rate of interest to have POMIS during the time their resource is actually six.60%. Utilising the over algorithm, the pace was

Together with monthly notice you to Mr. Kumar manage score are INR dos,200. The full interest he will secure more than sixty months period was INR step 1,32,one hundred thousand.

Utilising the Scripbox’s Post-office Month-to-month Income Plan calculator, one can possibly estimate new Monthly Demand for little time.