The MIS Calculator helps you calculate monthly and annual income from your Monthly Income Scheme deposit in Bangladesh. It automatically applies TDS rules for TIN and Non-TIN holders, showing net income after tax. Simply enter deposit amount, interest rate and select your TIN status to see monthly income, annual income, tax deducted and net annual income. Use this tool to compare MIS options across banks, plan your monthly cash flow, and make informed investment decisions with BanksBD's free calculator.

Monthly Income Scheme (MIS) is a fixed-income plan that provides regular monthly interest payments to the depositor. It is typically chosen by people seeking a steady cash flow from their savings.

How It Works in Bangladesh:

In Bangladesh, MIS accounts are offered by most banks, including private, public, and Islamic banks. You deposit a lump sum and the bank pays monthly interest based on the annual rate. TDS is applied automatically according to TIN or non-TIN status. This calculator estimates monthly income, annual income, tax and net monthly and annual income, helping you plan your monthly cash flow reliably.