Post Office FD Interest Rates 2024
| Tenure | Normal Citizen FD Rate | Senior Citizen FD Rate |
|---|---|---|
| 1 year - 1 year | 6.9% | 6.9% |
| 1 year 1 day - 2 years | 7% | 7% |
| 2 years 1 day - 3 years | 7.1% | 7.1% |
| 3 years 1 day - 4 years 11 months 27 days | 7.5% | 7.5% |
Note: All interest rates shown above are as on 6th Mar 2024
About Post Office FD
Post Office Fixed Deposit (POFD) or Post Office Time Deposit (POTD) is the oldest and preferred form of investment offered by the Indian Postal Services. They are considered as safe as the Government of India backs them.
6.9% - 7.5%
FD Rate
6.9% - 7.5%
FD Rate for Seniors
₹ 1000
Minimum Deposit
-
Maximum Deposit
-
Lock-in
-
FD Tenure
-
Loan against FD
NA
CRISIL Rating
Post Office FD Returns Based on Investment Amount
| Investment Amount | For 3 years with interest of 7.1% | For 5 years with interest of 7.5% |
|---|---|---|
| ₹ 50,000 | ₹ 61,830 | ₹ 72,665 |
| ₹ 1 lakh | ₹ 1,23,661 | ₹ 1,45,329 |
| ₹ 2 lakh | ₹ 2,47,322 | ₹ 2,90,659 |
| ₹ 5 lakh | ₹ 6,18,304 | ₹ 7,26,647 |
| ₹ 10 lakh | ₹ 12,36,608 | ₹ 14,53,294 |
Compare Post Office Fixed Deposit Returns with Top Banks
Use FD calculator to change values and compare your returns from top banks.
vs
Utkal Grameen Bank FD
 | | |
|---|---|---|
| Maturity Amount | ₹ 1,07,122 | ₹ 1,06,697 |
| Total Investment Amount | ₹ 1,00,000 | ₹ 1,00,000 |
| Total Interest Gained | ₹7,122 | ₹ 6,697 |
Compare Post Office Fixed Deposit Rates with Top Banks
| Bank Name | FD Interest Rates |
|---|---|
 | 6.5% - 7% |
 | 6% - 6.5% |
 | 7.5% - 8% |
 | 5.6% - 5.6% |
 | 6.85% - 7.35% |
 | 6.75% - 7.25% |
 | 6.75% - 7.25% |
 | 7.3% - 8% |
 | 6.5% - 7% |
 | 6.5% - 7% |
