Post Office Time Deposit

Calculate maturity for Post Office Time Deposit Account

TD Details

Interest is compounded quarterly. Rate auto-fills based on period.

Enter details and click Calculate

Maturity Amount

Investment

Interest Earned

How to Use

  1. Enter the Deposit Amount.
  2. Select the Tenure — 1, 2, 3, or 5 years (each has a different rate).
  3. The interest rate auto-fills based on tenure — adjust if needed.
  4. Click Calculate — maturity amount and total interest are shown.

Post Office Time Deposit Account

The Post Office Time Deposit (POTD) is equivalent to a bank FD but offered by India Post. It is government-backed, making it safer than even the largest private banks. With ~1.55 lakh post offices across India, it is particularly accessible in rural and semi-urban areas.

Current Interest Rates (2025)

TenureInterest RateTax Benefit
1 Year6.9% p.a.None
2 Years7.0% p.a.None
3 Years7.1% p.a.None
5 Years7.5% p.a.Section 80C

Interest is compounded quarterly and paid annually.

POTD vs Bank FD

  • POTD has no TDS (unlike bank FDs where TDS applies above ₹40,000 interest).
  • 5-year POTD qualifies for 80C; no equivalent for bank FDs beyond 5-year tax-saving FD.
  • Premature closure: allowed after 6 months (post office charges 1% penalty after 1 year).

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