The excellent news is that this rate of interest is usually greater than most banks supply. The rate of interest is reset by Authorities of India at begin of each quarter on January 1, April 1, July 1 and October 1. There’s NO further curiosity paid for Senior residents. This curiosity is paid each month to the linked saving account. Put up Workplace MIS Curiosity FeeĪs of June 2021, Put up Workplace MIS or POMIS provides rate of interest of 6.6% (April to June 2021 quarter). Simply to say the maturity worth is similar as quantity invested. The calculator will calculate the month-to-month curiosity earnings and the maturity worth.
You simply must enter the quantity invested and the rate of interest.
Put up Workplace MIS Calculator How you can use POMIS Calculator?Īs you’ll be able to see within the image above, the POMIS calculator is sort of easy and simple to make use of.
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