India Post Office

Post Office FD calculator 2020

India post office Fixed Deposit means National Savings Time Deposit(TD) or Post Office Time Deposit Account (TD). Post office FD is payable yearly but calculated quarterly. It is not just a simple interest but compounding frequency is quarterly. The maximum period of TD in the post office is 5 years. Here is the Post Office FD Calculator.


Post Office FD Calculator with Compounding frequency Quarterly




Maturity Amount:
Interest Earn:

Before calculating FD earnings. you must know what are the interest rates for 2020.

1 year - 5.5%
2 year - 5.5%
3 year - 5.5%
5 year - 6.7%

Post office pay 6.7% FD interest if you go for long time period of 5 years.

Who can open a Post Office FD Account?

Anyone can open an FD account. Individual, as well as Joint account, Guardian on the behalf of a minor, can be opened starting from Rs. 1000.

What is the account type?

You can open account type for 1 year, 2 years, 3 years or 5 years. Deposit amount is repayable after expiry of TD from the date of opening of account.

Is Post Office FD safe?

Yes, your deposit is not invested in market. It is safe.

What is the penalty for the premature closure of the account?

You cannot withdraw your money before six month from the date of opening account. You will get saving account interest if you withdraw amount six month to 12 months. And interest shall calculated 2% less if you break FD after 1 year.

Also check your cost of living to save more.

Leave a Comment