Post Office FD Scheme: India Post not only provides postal services, but also offers a variety of banking and financial services. Several savings schemes, such as RD, TD, MIS, SCSS, PPF, SSA, and KVP, can be opened through the post office. Of these, the Post Office Time Deposit (TD) scheme currently offers a higher interest rate than bank fixed deposits (FDs). Today, we’ll tell you about a Post Office scheme where you can earn a good interest of ₹89,990 by depositing just ₹2 lakh.
India Post does not just deliver letters—it also provides some of the safest and highest-interest investment options in the country. From RD, TD, MIS, SCSS, PPF, SSA to KVP, the Post Office offers multiple savings schemes trusted by crores of Indians. Among these, the Post Office Time Deposit (TD) is currently offering higher interest rates than most bank FDs.
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If you are planning a safe investment with guaranteed returns, the Post Office FD (TD) scheme can help you earn up to ₹89,990 interest by investing just ₹2,00,000 for 5 years.
Post Office FD (Time Deposit) – Current Interest Rates
Below is the latest interest rate chart offered on Post Office TD accounts:
| Tenure | Interest Rate |
|---|---|
| 1-Year TD | 6.9% |
| 2-Year TD | 7.0% |
| 3-Year TD | 7.1% |
| 5-Year TD | 7.5% (Highest) |
These rates are currently higher than most bank FDs in India.
Minimum deposit required is ₹1,000, and there is no upper limit on investment.
You can open the account individually or jointly (maximum 3 members).
Earn ₹89,990 Interest by Investing ₹2,00,000
The 5-year TD offers the maximum interest rate of 7.5%.
If you deposit ₹2,00,000, here’s what you get after 5 years:
| Investment Amount | Tenure | Interest Rate | Maturity Amount | Total Interest Earned |
|---|---|---|---|---|
| ₹2,00,000 | 5 years | 7.5% | ₹2,89,990 | ₹89,990 |
This means, without any market risk, your investment grows safely under Central Government guarantee.
Why Choose Post Office TD Over Bank FD?
- Fully Government-backed – highest safety
- Higher interest rates than many bank FDs
- No age-based rate difference (same rate for all customers)
- Premature withdrawal facility (with conditions)
- Ideal for safe, long-term savings
Unlike banks where senior citizens get extra interest, the Post Office offers same uniform rate to all investors.
Post Office FDs offer interest rates ranging from 6.9% to 7.5%.
Post Offices allow customers to open FD accounts (called TDs—Time Deposit Accounts) for tenures of 1 year, 2 years, 3 years, and 5 years.
- 1 year FD: 6.9% interest
- 2-year FD: 7.0% interest
- 3-year FD: 7.1% interest
- 5-Year FD: 7.5% (Highest Interest Rate)
These rates are higher than current interest rates at any bank in the country. A minimum deposit of ₹1,000 is required to open a TD account, and there is no maximum limit. Customers can open either a single-account TD or a joint account, with a maximum of three members per joint account.
Post Office FD Scheme: Deposit ₹2,00,000 and earn ₹89,990 in fixed interest
The Post Office offers the highest interest rate—7.5%—on its 5-year TD scheme. If you deposit ₹2,00,000 for 5 years (60 months), you will receive ₹2,89,990 at maturity. This amount includes ₹89,990 in fixed interest.
Because India Post operates directly under the Central Government, the invested amount and the interest earned on it come with full government security. Unlike banks, where senior citizens can earn an extra 0.50% interest on certain FD tenures, the Post Office offers the same interest rate to all customers, regardless of their age.
Disclaimer
This article is for informational purposes only. Before making any investments or taking any financial risks, please consult your financial advisor. India TV is not responsible for any financial losses or risks.
1. What is the minimum and maximum investment limit?
Minimum is ₹1,000 and you can invest any amount—there is no upper limit.
2. Can I open a joint FD account in the Post Office?
Yes, a joint account can be opened with up to 3 people.
3. Is the interest taxable?
Yes, interest earned on Post Office TD is fully taxable as per your income tax slab.
4. Can I withdraw money before maturity?
Premature withdrawal is allowed after 6 months, but the interest rate may be reduced.
5. Is this scheme safe?
Absolutely. India Post is operated by the Central Government, making it one of the safest investment tools in India.