How MIS Calculator Works

Calculate your monthly income from a fixed investment in the MIS scheme!

The MIS calculator helps you determine the monthly income from an investment in the Monthly Income Scheme. Enter the principal amount, the interest rate, and the investment tenure, and the calculator will provide the monthly income you can expect.

The formula used is:

• Monthly Income = (P × R) / 12
• P = Principal Amount
• R = Interest Rate (per annum)
• 12 represents the months in a year