Post Office FD Calculator
Estimate your maturity amount and interest earned for Post Office Fixed Deposits.
Current rates are subject to change by India Post.
Maturity Details
Maturity Amount:
₹0.00
Total Interest Earned:
₹0.00
Understanding Your Calculation:
- Principal: The initial amount you invested.
- Tenure: The duration for which you’ve invested.
- Interest Rate: The annual rate applied to your deposit.
- Compounding: Interest is added to your principal at this frequency, earning interest on interest.
About Post Office FDs
Post Office Fixed Deposits (POFD) are popular investment options in India, offering assured returns and government backing. They are available for various tenures, typically 1, 2, 3, and 5 years, with interest compounded quarterly.
Key Features
- Guaranteed Returns: Interest rates are fixed at the time of deposit.
- Safety: Backed by the Government of India, making them very secure.
- Tax Benefits: 5-year Post Office FDs are eligible for tax deductions under Section 80C of the Income Tax Act.
- Flexible Tenures: Choose from various deposit periods to suit your financial goals.
Important Notes
- Interest rates for Post Office FDs are subject to revision by the Ministry of Finance on a quarterly basis. The rate applicable will be as per the date of deposit.
- Premature withdrawal rules and penalties apply. Please check with India Post for details.
- The calculator provides an estimate. Actual maturity amount may vary slightly due to rounding or specific bank policies.
High Security
Your investment is safe with the backing of the Government of India.
Assured Returns
Fixed interest rates ensure predictable growth of your savings.
Tax Saving
5-year FDs offer tax benefits under Section 80C.