Post Office Time Deposit (FD) Calculator

Post Office Fixed Deposits Explained

Use this Post Office FD calculator to work out what a Time Deposit will be worth at maturity. India Post's Time Deposit is the post office equivalent of a bank fixed deposit: one lump sum, quarterly compounding, everything paid back at the end of the term. What separates it from a bank FD is who sets the price. Rates are notified centrally by the Ministry of Finance each quarter rather than decided commercially, so every post office in the country pays an identical rate for the same term on the same day, and the deposit carries a direct Government of India guarantee rather than DICGC cover capped at five lakh.

Post Office FD Schemes You Can Open

India Post runs three lump-sum-and-instalment deposit products that are routinely mistaken for one another. Only the first is a Time Deposit:

• •Post Office Time Deposit (1, 2, 3 or 5 years) — The fixed deposit proper. Interest compounds quarterly and is paid annually or at maturity. Four terms only — there is no 7-day or custom tenure the way a bank offers.
• •5-Year Time Deposit (tax saving) — The same product at the five-year term, which is the only TD tenure qualifying for deduction under Section 80C within the ₹1,50,000 annual ceiling.
• •Monthly Income Scheme — not a Time Deposit — Pays interest out every month instead of compounding it, and is capped at ₹9 lakh single or ₹15 lakh joint. Savers wanting monthly income land on TD by mistake constantly; MIS is the product they actually want.

Post Office FD Tenure Slabs and Deposit Rules

Tenure decides how the interest is worked out, not just how long the money is tied up. Below roughly six months there is no completed quarter, so interest is simple; past that it compounds quarterly.

How to Check Post Office FD Interest Rates

Post Office FD rates are quoted per tenure slab and revised as policy and funding needs shift, so a one-year and a three-year deposit opened on the same morning can price differently.

Post Office rates are published on the India Post small savings schedule, alongside the POSB interest rate that applies to ordinary post office savings accounts, and are revised each quarter against comparable Government Securities yields. Because that schedule is national, the post office time deposit calculator above needs only your amount, your chosen term and the notified rate — there is no branch-by-branch variation to hunt down.

Take the current Post Office fixed deposit rates for your exact tenure from the official card, then enter that number above.

What Is Specific to a Post Office FD

• •The rate is uniform nationwide and fixed for your whole term once the account is open, so a later revision cannot change what a running deposit earns.
• •Backing is a direct Government of India guarantee with no upper ceiling, rather than DICGC insurance capped at ₹5 lakh per depositor per bank.
• •Only four terms exist — 1, 2, 3 and 5 years. There is no short-tenure or custom-days option.
• •No deposit may be closed within six months, and closure between six months and one year pays only the Post Office savings account rate.
• •A Time Deposit can be pledged as security, and the account transfers between post offices anywhere in India at no cost.

Searches for a post office fixed deposit calculator and a post office FD interest rate calculator both land here, and both describe the same arithmetic: principal, notified rate, chosen term, compounded quarterly. On an illustrative 7%, ₹5,00,000 grows to about ₹5,35,930 over one year and ₹7,07,389 over five — put the current notified rate into the calculator above for the figure that will actually apply to you.

Compare lenders on the master FD calculator, or a monthly commitment on the RD calculator.