Savings scheme

FD Post Interest Rate Savings Plan Highlights

A national term deposit account can be opened with a minimum of Rs 1000.

Postal Savings Plan.

The post office offers popular formulas. One of them is the National Savings Time Deposit Account (TD). It is like the traditional fixed deposit (FD).

Investors have the option of opening one-year, two-year, three-year and five-year accounts.


A national term deposit account can be opened with a minimum of Rs 1000 and a multiple of Rs 100.

There is no maximum investment limit.


  • Interest is payable annually but calculated quarterly.
  • Annual interest of 5.5% is payable for a one year account.
  • For a two-year account, one can obtain an annual interest rate of 5.5%.
  • For a three-year account, the interest rate remains at 5.5%.
  • An interest rate of 6.7% is applicable on a five-year account.


The deposit amount will be refundable after the expiration of 1 year, 2 years, 3 years, 5 years from the date of opening.


No withdrawal can be made before the expiry of a period of six months from the date of deposit.

If the TD account is closed between 6 months and one year, the Postal Savings Account interest rate of 4% will apply.


Investment less than 5 years TD qualifies for the benefit of Section 80C of the Income Tax Act 1961.

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