Post Office Time Deposites

​Interest Rates:

Interest payable annualy but calculated on quarterly compound basis(with effect from 01.03.2003).
  • 6.6% Rates Of Interest 1 Year Account
  • 6.7% Rates Of Interest 2 Year Account
  • 6.9% Rates Of Interest 3 Year Account
  • 7.4% Rates Of Interest 5 Year Account

Investment Limits & Denominations:

  • Minimum Rs 200/- and its multiples.
  • No maximum Limit.


  • Account may be opened by an individual,Trust,Regimental Fund and Welfare Fund.
  • 2,3 and 5 year accounts can be closed after 1 year at a discount.
  • Acount can be closed after 6 months but before 1 year without interest.

Tax Rebate::

The amount if interest earned is tax free under the section 80-L of Income Tax Act.