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    Post Office Fixed Deposit Interest Rates 2017
     and 2 other FDs
    Institution Name
    Deposit Amount Range
    Tenure Range
    Interest Rate
    Up to ₹1Cr
    1 Year to 5 Years
    6.8% - 7.6% Quarterly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know
    Up to ₹25L
    1 Year to 5 Years
    7.49% - 8.19% Monthly compounding
    Response Time Within 30 minutes
    Features
    Documents
    Good to Know
    Up to ₹25L
    1 Year to 5 Years
    7.75% - 8.5% Monthly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know
    Post Office Fixed Deposit Interest Rates 2017 is Rated as "Excellent!" by 15 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Fixed Deposit BYTES FROM OUR KITCHEN

    Post Office Fixed Deposit Interest Rates 2017

    For over 150 years, the Department of Posts has been the backbone of India’s communication structure. It has made people’s lives easy by delivering mails, providing Small Savings Schemes and life insurance cover etc. The Indian post office has 1,55,015 post offices making it one of the most widely distributed postal network in the world.

    Post Office Savings Schemes

    • Post Office schemes are an ideal investment option and there are a wide range of schemes to choose from. These schemes offer competitive interest rates and other benefits such as tax exemption, etc. Let us explore the various options.

    Post Office Savings Account

    • This is a savings account that pays interest at the rate of 4% p.a. The minimum balance that needs to be maintained in this type of account is Rs.50. The features include cheque, ATM card, and other benefits.

    Post Office Time Deposit Account (TD)

    • This is a type of fixed deposit account that can be opened with a minimum investment amount of Rs.200. The interest rate offered ranges from 6.8% to 7.6%. These time deposits can be held for a tenure ranging anywhere between 1 to 5 years.

    Post Office Monthly Income Account (MIS)

    • An MIS scheme is a type of investment that pays an assured rate of interest on a monthly basis. The rate of interest offered by India Post for MIS schemes is 7.5% p.a.

    Senior Citizen Savings Scheme (SCSS)

    • SCSS are savings schemes for senior citizens and come with a lock-in period of 5 years. The interest rate offered is 8.3% p.a. The maximum amount that can be invested in this type of deposit is Rs.15 lakh.

    Public Provident Fund Account (PPF)

    • India Post PPF account is a type of long-term investment scheme where one can invest a fixed sum for a set period of time. India Post offers an interest rate of 7.8% p.a. and this scheme comes with a lock-in period of 15 years. One can avail tax exemption under Section 80C of the Income Tax Act for PPF accounts.

    National Savings Certificate (NSC)

    • NSC is a tax saving bond issued by India Post. These certificates can be purchased for a minimum of Rs.100. The interest rate offered on this scheme is 7.8%.

    Kisan Vikas Patra (KVP)

    • KVP is an investment scheme offered by India Post. The minimum deposit that can be made under this scheme is Rs.1000. The amount invested doubles up in a period of 115 months.

    Sukanya Samriddhi Accounts (SSA)

    • The SSA is special savings scheme for girl children and can be purchased by parents or guardians of the child. The interest rate offered is 8.3% p.a. The minimum annual deposit for SSA is Rs.1, 000, while the maximum is Rs.1, 50,000.

      *Please note that interest rates are subject to change as per the discretion of India Post

      Features and Benefits of FD in Post Office

      • The time deposit account can be opened for 5 years.
      • Any number of accounts can be opened in any post office.
      • A minor of 10 year or above can open and manage the account.
      • Joint accounts can be opened by two adults.
      • An individual can convert the time deposit account from single to joint and vice versa.
      • Fixed deposit schemes are available for a period of 5 years.
      • The minimum amount that can be deposited is Rs.200, there is no limit on the maximum amount.
      • The depositor can open a time deposit with the post office for a minimum of 1 year.
      • The investments made under 5 years are eligible for tax benefits and deductions under Section 80C of the Income Tax Act of India, 1961.
      • The accounts can be ported to other post offices quite easily.
      • Depositor can open any number of time deposit accounts.
      • On maturity, the account is automatically renewed for the period it was initially opened.
      • NRIs cannot invest in the time deposit schemes offered by the post office.
      Minimum and Maximum Post Office fd interest rates 2017 for Regular and Senior Citizen
      Post Office FD Rates

      Post Office Interest Rates

      For a duration of 1 year: The Indian Post Office offers 6.8% interest rate for the time deposits for a tenure of 1 year.

      For a duration of 2 years: 6.9% interest rate is offered to the depositor for time deposit of two years.

      For a duration of 3 years: 7.1% interest rate is offered for a tenure of 3 years.

      For a duration of 5 years: Post office offers 7.6% interest rate to their depositors.

      The Indian Post Office doesn’t offer any special interest rates to the senior citizen. There is no limit to the amount that can be deposited neither is a limit on how many time deposit accounts one individual opens.

    The updated list of Indian Post Office Fixed Deposit Interest Rates, per specific tenures, is listed below:

    PeriodRate (%)
    1 yr. A/c6.9
    2 yr. A/c7.0
    3 yr. A/c7.2
    5 yr. A/c7.7

    *Above Interest rates are as of 09/05/2017

    Post Office FD Rates Reviews

    • Post Office Fixed Deposit
      "Good returns"
      0.5 4.5/5 "Excellent!"
      I had a Fixed Deposit with Post Office a few time back, and found the return to be pretty satisfying. I found the overall experience with them to be pretty good and didn't face any issue at all. I found this account to be good return for the investment I made.
      Was this review helpful? 0
      , bhubaneshwar
      Reviewed on Nov 08, 2017
    • Post Office Fixed Deposit
      "Excellent"
      0.5 4.0/5 "Great!"
      I do have the Fixed deposit account with the India post office. Interest rate is more than bankers with them. I would like to say that the customer service is very average one and that has to be get improved more, also they need to work on it.
      Was this review helpful? 0
      , noida
      Reviewed on Sep 28, 2017
    • Post Office Fixed Deposit
      "Post office FD"
      0.5 4.0/5 "Great!"
      Post Fixed Deposit is good, when compared with bank deposit this is the best one. The reason why because if we can with draw from PO any time after one year no charges however when it comes to bank we have to hold up to 5 years,. No charges even if we break it after 1 year they will calculate the interest earned for one year and they will credit the amount. Most of the people are not aware about post office also they dont have online facility and these are all the drawback of Post office.
      Was this review helpful? 40
      , hyderabad
      Reviewed on Dec 29, 2016
    • Post Office Fixed Deposit
      "No waste of time"
      0.5 5.0/5 "Blown Away!"
      Too quick , too easy to open a FD at POST OFFICE. It takes hardly 10 minutes to open this FD. All I had to do is fill the form and they will courier my details to my mailing address. Its a one time visit there is no need for me to visit Post office again for the same purpose. Best of all, they are offering the best interest rate in the market.
      Was this review helpful? 31
      , bangalore
      Reviewed on Nov 25, 2016
    • Post Office Fixed Deposit
      "Not a good"
      0.5 2.0/5 "Expected more"
      I have got the fixed deposit account with the India post office. Interest rate is around 7.5% per annum and its the annual compounding and the total tenure is around twenty years of time and I have maintaining this account for my children future. Customer service is not a responsive one like its very difficult to handle.
      Was this review helpful? 59
      , mumbai
      Reviewed on Apr 26, 2016
    • Post Office Fixed Deposit
      "Excellent !!!!"
      0.5 4.0/5 "Great!"
      Interest rate offered by India post is approximately 6%-7.5% for the fixed deposit for the minimum lock in period of seven years . After five years we will get the lump sum amount. The amount to start the plan is Rs.1000. There is no activation or any maintenance fee.
      Was this review helpful? 33
      , hyderabad
      Reviewed on Mar 19, 2016
    • Post Office Fixed Deposit
      "Interest rate is good comparing to the banks..."
      0.5 4.0/5 "Great!"
      Only reason to go with India Post Office for fixed deposit is the rate as comparatively they are high as the percentage is 8.7%. Very well we can drop the deposit in middle but no idea about the penalty. Very soon they are going to introduce savings account to the people. If we speak about customer service they lack.
      Was this review helpful? 65
      , hyderabad
      Reviewed on Mar 02, 2016
    • Post Office Fixed Deposit
      "Best interest ...."
      0.5 4.0/5 "Great!"
      India post office is the best for fixed account. They are providing 8.4% interest which was very competitive. Minimum maintenance also good in India post office which was very convenient just 50rs. I would suggest them to provide more facilities to their senior citizens.
      Was this review helpful? 72
      , bangalore
      Reviewed on Jan 15, 2016
    • Post Office Fixed Deposit
      "secured..."
      0.5 5.0/5 "Blown Away!"
      I was infact suggested by one of the friend to this India Post office for fixed deposit. In comparison to banks the rate is little low in India Post office but it is a secured place to put our money. Also it very easy to send parcels to abroad as being a loyal customer of India post office.
      Was this review helpful? 55
      , bangalore
      Reviewed on Dec 21, 2015
    • Post Office Fixed Deposit
      "Secured one"
      0.5 4.0/5 "Great!"
      Indian Post Office it is a Government service and I would like to give 4 for Post office. It is very much secured . I am holding this FD for the past one year. The rate of interest offered by PO was 8.5%. I feel that investing at PO is very secured . I did not find any difficulty personally when I deposit there and I had opened this FD.
      Was this review helpful? 53
      , bangalore
      Reviewed on Dec 12, 2015
    • Post Office Fixed Deposit
      "Good one"
      0.5 5.0/5 "Blown Away!"
      Post office fixed deposit that a good one. I am holding this FD since 2011 for the past 5 years. Monthly I am depositing rs 550 which was a period of 20 years . The major benefit is I use this for income purpose and everything is fine.
      Was this review helpful? 41
      , coimbatore
      Reviewed on Dec 08, 2015
    • Post Office Fixed Deposit
      "Not great.."
      0.5 4.0/5 "Great!"
      Friend is working in India Post Office and through him I opened the fixed deposit. Nationalized banks and offices are not that great in customer service and they are not that approachable. I have easily processed because of my friend but it will not happen to normal customers. Employees are not bothered to help the public.
      Was this review helpful? 46
      , tiruchirapalli
      Reviewed on Nov 24, 2015
    • Post Office Fixed Deposit
      "Gives best rate "
      0.5 4.5/5 "Excellent!"
      India post is giving 9% interest rate for the fixed deposit for the minimum lock in period of 5 year. Minimum amount starts with Rs.500. For the pass book they charge Rs.200. The only issue we have to wait for long time to get deposit the amount.
      Was this review helpful? 59
      , secunderabad
      Reviewed on Nov 07, 2015
    • Post Office Fixed Deposit
      "Can increase the rate.."
      0.5 4.0/5 "Great!"
      To save the income tax I mainly opened the fixed deposit from India Post Office. I took it for 5 years of tenure and you get 9% of the interest rate for one year. The rate will accumulates like every year. Offers are good but they are slow as they are government sector.
      Was this review helpful? 45
      , bangalore
      Reviewed on Nov 06, 2015
    • Post Office Fixed Deposit
      "Satisfied.."
      0.5 5.0/5 "Blown Away!"
      Specifically for tax deduction I have chosen India Post office fixed deposit and benefits are fine. Post seven years the deposited amount would be doubled. While opening I was told that I can withdraw the amount in midst of the tenure and that is not complete amount as can take out 70%. In comparison to national savings scheme rate of interest is fine in India Post Office.
      Was this review helpful? 108
      , bangalore
      Reviewed on Sep 03, 2015
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