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POST Office FD Calculator

Your Investment

₹

Duration (Years)

Return Rate (%)

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After 3 Years, You will earn
₹ 123143.93BondsIndia
and ₹ 23143.93 as interest

Total Investment

Total Interest

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Post Office Fixed Deposit

Post offices also facilitate the option to go for a fixed deposit. Now there is no need to worry about calculating the interest income your investment can yield. Instead of visiting a post office, you can sit back in your comfort and use the Post Office FD Calculator to estimate the returns you can enjoy on your investment after the end date of your chosen maturity.

How can a Post Office FD Calculator help you?

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Benefits of using the Post Office Fixed Deposit Calculator

  • It is an automatic calculator.
  • You are required to enter the basic information.
  • Now save your time wasted in the manual calculation of interest on FDs.
  • The post office is a trusted institution, and their FD calculator ensures transparency and reliability in calculating your investment returns

Post Office FD Interest Rates 2023

InstrumentsRate of interest w.e.f 01.04.2023 to 30.06.2023Compounding Frequency*
Post Office Savings4.0Annually
1 Year Time Deposit6.8 (Annual Interest ₹698 for ₹10,000/-)Quarterly
2 Year Time6.9 (Annual Interest ₹708 for ₹10,000/-)Quarterly
3 Year Time7.0 (Annual Interest ₹719 for ₹10,000/-)Quarterly
5 Year Recurring Deposit6.2 (Maturity Value ₹7,043 for ₹100/- Dn) (After Extension with Deposits 6 Years - ₹8,731/-, 7 Years - ₹10,526/-, 8 Years - ₹12,435/-, 9 Years - ₹14,465/- & 10 Years - ₹16,623/-)Quarterly
Senior Citizen Savings8.2 (Quarterly Interest ₹205 for ₹10,000/-)Quarterly and Paid
Monthly Income7.4 (Monthly Interest ₹62 for ₹10,000/-)Monthly and paid
National Savings Certificate (VIII Issue)7.7 (Maturity Value ₹14,490 for ₹10,000/-)Annually
Public Provident Fund7.1Annually
Kisan Vikas7.5 (will mature in 115 months)Annually
Mahila Samman Savings7.5 (Maturity Value ₹11,602 for ₹10,000/-)Quarterly
Sukanya Samriddhi Account8.0Annually

Note: The government of India is known to fix the interest rate payable on post office fixed deposits at the beginning of each quarter. FD rates are effective from April 1, 2023, to June 30, 2023

The Process and Eligibility criteria to open the Post Office Fixed Deposit
  • A minor above 10 years can open a FD account with a post office.
  • There is no maximum limit, but the minimum limit allowed is Rs. 1000.
  • You can take the benefit of Section 80C of Income Tax Act on opening a 5-year fixed deposit account with the post office.
  • You can choose to extend the tenure at the end date of maturity.
  • Post office FDs are also popular as post office time deposit (POTD)
  • It is one of the oldestinvestment optionsfacilitated by the Indian Postal Services
  • It is considered the best option for risk-averse people
  • Like a bank fixed deposit, a post office fixed deposit offers you the flexibility to choose tenure, rate of interest, amount of money
  • Backed by the government of India, post office fixed deposits are considered to be secure and dependable
  • The interest is calculated quarterly but paid annually to the customers holding an FD with a post office
  • You are free to open multiple FD accounts with a post office.

    • Frequently Asked Questions

    No, the Post Office FD calculator is a simple, easy, and an effective tool accessible online from anywhere in the country.
    The government sets Post Office FD scheme interest rate at the start of each quarter.
    You need to input - amount, date, tenure, and type of interest payment for the calculation using Post Office FD Calculator.
    Post office fixed deposit in India is a preferred option for the safe investment.
    The interest on the post office FDs range between 5.5% p.a. to 6.7% per annum and are backed by the sovereign guarantee of the government of India.

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