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Post office schemes calculator (SCSS, MIS, NSC, KVP)

Government-backed and simple. See what each post office scheme pays you, and which one suits a lump sum best.

₹
Limit: ₹30,00,000
Paid to you every quarter
₹20,500
8.2% a year for 5 years. ₹4,10,000 interest in all, and your ₹10,00,000 back at the end.
Deposit
₹10,00,000
Total interest
₹4,10,000
Back at maturity
₹10,00,000

₹10 L for 5 years — interest from each scheme

0₹1.25 L₹2.5 L₹3.75 L₹5 LSCSSNSCTD 5 yrMIS

SCSS and MIS pay interest out as you go; NSC adds it to the deposit. SCSS is only for people 60 and over, and MIS caps the deposit, so the totals here ignore those limits.

For people aged 60 and over (55 for some retirees). Up to ₹30 lakh, interest paid every quarter, 5 years — extendable in 3-year blocks, as many times as you like. Deposits count under 80C (section 123) in the old regime; interest is taxable.
Rates are for October–December 2026. The government resets them every quarter, but your deposit keeps the rate it started with (except PPF and SSY).
How it’s calculated

The maths, in plain words

Payout schemes

SCSS pays rate ÷ 4 every quarter, MIS pays rate ÷ 12 every month, and you get your deposit back after 5 years.

Growth schemes

NSC compounds yearly for 5 years. KVP doubles your money in 115 months. RD compounds quarterly on each monthly deposit.

Rates

Set by the government every quarter. These are for October–December 2026, and a deposit keeps the rate it was opened at.

Questions

People also ask

Your inputs stay on this device. Use Copy link to save or share a calculation.

Which post office scheme gives the highest return?
SCSS, at 8.2% a year, for people aged 60 and over. For everyone else NSC (7.7%) and the 5-year TD and KVP (7.5%) pay the most. Sukanya Samriddhi also pays 8.2%, for a daughter’s account.
How much monthly income does ₹9 lakh in MIS give?
At 7.4%, about ₹5,550 a month for 5 years, and your ₹9 lakh back at the end. A joint account can hold up to ₹15 lakh, paying about ₹9,250 a month.
Are post office schemes tax-free?
No — the interest is taxable at your slab rate for SCSS, MIS, NSC, KVP, TD and RD. In the old regime, SCSS, NSC and the 5-year TD deposits count under 80C. Only PPF and SSY are fully tax-free.
Is the post office safer than a bank?
Post office schemes are backed by the Government of India for the whole amount, while bank deposits are insured only up to a limit per bank.
Understand it

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