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Post Office MIS interest rate

The Post Office MIS interest rate is 7.4% for October to December 2026. What it earns on your money, when the rate is next revised, and the full rate history.

October to December 2026Best for: A fixed monthly incomeChecked 21 October 2026
Current rate7.4%a year · paid every month
In effect since1 April 2023Previous 7.1% · +0.3%
₹9,00,000 deposit (single account maximum)₹5,550paid to you every month for 5 years

Rate history

Every change since 1 April 2020. Ministry of Finance, every quarter.

In effect fromRateChange
1 April 2023Current7.4%+0.3%
1 January 20237.1%+0.4%
1 October 20226.7%+0.1%
1 April 20206.6%–
The rates for January to March 2027 are due to be announced by 31 December 2026.

Key facts

Who can open
Any resident individual, alone or jointly with up to 3 adults
Deposit
₹1,000 to ₹9,00,000 single, ₹15,00,000 joint
Term
5 years; the deposit is returned at maturity
Interest
Paid every month
Tax
Interest taxable

Run your numbers

Other rates

All interest rates →

About the Post Office MIS rate

How the rate is set

The Ministry of Finance reviews small savings rates every quarter, broadly in line with government bond yields of similar maturity, and announces them just before each quarter begins.

Rate: 7.4% a year, paid every month.

Open the Post Office MIS calculatorMonthly income from POMIS. Uses the current rate by default.Open the calculator

Frequently asked questions

What is the current Post Office MIS interest rate?

7.4% (October to December 2026). It has applied since 1 April 2023.

When will the Post Office MIS rate change next?

The rates for January to March 2027 are due to be announced by 31 December 2026.

What was the previous Post Office MIS rate?

7.1%, from 1 January 2023 until 1 April 2023.

Does a rate change apply to my existing Post Office MIS?

No. The rate on the day you invest is locked in for the full term of the deposit.

Sources