Post Office Time Deposit Calculator
How much interest will a Post Office time deposit pay me?
A Post Office time deposit is the post office's fixed deposit, for 1, 2, 3 or 5 years. Interest is worked out every quarter and paid once a year, and you get the deposit back at the end of the term.
At least Rs 1,000, in multiples of Rs 100. No upper limit.
Rates for October to December 2026, set by the Ministry of Finance. Fixed for the term once opened.
Interest every year
₹7,714
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Indicative only. Your lender’s figures may differ. Nothing you enter here is sent anywhere or stored.
How It's Calculated
Yearly interest = deposit × ((1 + rate ÷ 4)⁴ − 1)
Interest is worked out every quarter and paid once a year, so each year pays four quarters compounded. The total is that yearly interest times the number of years; the deposit comes back at the end.
Worked Example
If you enter
- Amount deposited₹1,00,000
- Term5 years (7.5%)
You get
- Interest every year₹7,714
- Interest over the term₹38,568
- Rate for this term7.50%
These are the calculator's starting values. Change them above to see your own.
Common Questions
What are the Post Office time deposit rates?
For October to December 2026: 6.9% for 1 year, 7.0% for 2 years, 7.1% for 3 years and 7.5% for 5 years. The rate on the day you open the deposit stays for its whole term.
Why is the yearly interest more than the rate?
Interest is calculated every quarter and paid once a year, so each year's payment includes interest on the earlier quarters. That makes the yearly amount a little more than the rate alone suggests.
Does it save tax?
Only the 5-year deposit qualifies for the Section 80C deduction, under the old regime. The interest on every term is taxable at your slab rate.
Guides in Plain Words
Short reads that explain how it works before you decide.
