Post Office Time Deposit (TD): 1 to 5 Year FD and Calculator

The Post Office Time Deposit (TD) is a fixed deposit for 1, 2, 3, or 5 years. Minimum deposit is ₹1,000 in multiples of ₹100; there is no maximum. Interest rates vary by tenure (e.g. 1Y 6.9%, 2Y 7%, 3Y 7.1%, 5Y 7.5%) and are compounded quarterly. Only the 5-year TD qualifies for deduction under Section 80C (up to ₹1.5 lakh).

Premature withdrawal is not allowed before 6 months. After 6 months, reduced interest applies. On maturity you can withdraw or extend within the prescribed period. Resident Indians can open single, joint, or minor accounts.

Use our Post Office TD Calculator to see maturity for your chosen tenure. The calculator page has full details on opening, closing, and 80C.