Post Office 5-Year Recurring Deposit (RD) Calculator
Compute accurate maturity corpus, guaranteed monthly pension payouts, annual and quarterly compounding growth, and Section 80C tax deductions backed 100% by the sovereign guarantee of the Government of India.
Post Office MIS Calculator 2026
Fixed monthly pension payout credited directly to your savings account
Monthly Payout Projection
KVP Double Money Calculator 2026
Guaranteed 100% capital doubler backed by the Government of India
KVP Doubling Projection
Post Office 5-Year RD Calculator
Disciplined monthly installment savings with quarterly compounded interest
Post Office RD has a standardized statutory tenure of 60 months. Account can be extended for an additional 5-year block.
5-Year RD Maturity Projection
Senior Citizen Scheme (SCSS) Calculator
Highest sovereign yield with guaranteed quarterly pension credits for age 60+
Quarterly Pension Payout
Post Office Time Deposit (FD) Calculator
Lump-sum fixed deposit with quarterly compounding and annual payout
Fixed Deposit Maturity Value
PPF Calculator 2026
15-year disciplined wealth creation with sovereign security
Maturity Projection (Triple Tax-Free)
Sukanya Samriddhi (SSY) Calculator
Sovereign wealth creation for the girl child with top-tier interest yield
Maturity Corpus (Triple Tax-Free)
National Savings Certificate (NSC VIII)
5-year sovereign certificates with Section 80C tax deduction and loan collateral
5-Year NSC Maturity Projection
Post Office FD vs Bank FD: Which is Safer & Offers Higher Returns?
Compare India Post Time Deposit (POTD) and Senior Citizen Savings Scheme (SCSS) against Scheduled Commercial Banks (SBI, HDFC, ICICI).
| Feature / Parameter | India Post Time Deposit / SCSS | Commercial Banks (SBI, HDFC, ICICI) | Verdict |
|---|---|---|---|
| Capital Security | 100% Sovereign Guarantee Backed unconditionally by Union Govt without any upper cap. |
₹5 Lakh DICGC Insurance Amounts exceeding ₹5L exposed to bank solvency risks. |
Post Office Wins (Zero risk) |
| 5-Year FD Interest Rate | 7.50% p.a. (Quarterly Compounding) | 6.50% – 7.25% p.a. (Varies by lender) | Post Office Wins (Higher yield) |
| Senior Citizen Rates | 8.20% p.a. (Under SCSS Scheme) | 7.00% – 7.75% p.a. (50 bps senior bonus) | Post Office Wins (8.2% sovereign) |
| TDS Deduction at Source | Zero TDS at Counter No tax withheld by post office; full interest credited. |
10% TDS Deducted Deducted automatically if annual interest exceeds ₹40k/₹50k. |
Post Office Wins (Better cash flow) |
| Tax Benefit (Sec 80C) | Yes (5-Year Time Deposit eligible up to ₹1.5 Lakh) | Yes (5-Year Tax Saver FD eligible up to ₹1.5 Lakh) | Equal |
| Branch Accessibility | 1,60,000+ Post Offices in every rural village | ~1,45,000 Branches concentrated in urban cities | Post Office Wins (Unrivaled reach) |
Official Post Office Account Opening Forms & Guidelines (2026)
Download official Ministry of Communications & Department of Posts application forms for instant zero-hassle counter processing.
Form 1: Account Opening & Certificate Purchase
Mandatory universal application form used across India for opening POSB, RD, Time Deposit, MIS, SCSS, PPF, SSY, KVP & NSC accounts.
Form SB-3: Card Form for Post Office Savings Bank
Official signature card and account opening form for basic Post Office Savings Bank accounts linked with ATM cards and IPPB core banking.
Form 2: Nomination & Cancellation
Required for adding, modifying, or cancelling nominees on any existing post office savings scheme or certificate.
Form 3: Loan & Premature Closure Application
Application form for availing loans against RD/PPF or submitting requests for premature encashment or certificate pledging.
- Proof of Identity (POI): Self-attested copy of Aadhaar Card, Passport, or Voter ID.
- Proof of Address (POA): Aadhaar Card, Electricity Bill, or Driving License.
- PAN Card: Mandatory for all investments exceeding ₹50,000 (Form 60 if PAN is unavailable).
- Photographs: 2 recent passport-size color photographs.
- Initial Deposit: Cash or local crossed cheque drawn in favour of "Postmaster, [Office Name]".
Post Office Small Savings Interest Rates Master Guide (2026)
All India Post Small Savings Schemes are officially notified and guaranteed directly by the Ministry of Finance, Government of India. Postal deposits carry an unconditional 100% Sovereign Guarantee.
Monthly Income Scheme (MIS)
Kisan Vikas Patra (KVP)
5-Year Recurring Deposit (RD)
Senior Citizen Scheme (SCSS)
5-Year Time Deposit (POTD)
Public Provident Fund (PPF)
Sukanya Samriddhi (SSY)
National Savings Certificate (NSC)
Looking for Postal Life Insurance (PLI) & Rural PLI Premiums?
Calculate monthly premiums, guaranteed sovereign bonus, and compare PLI vs LIC (Why PLI yields ₹3.5L+ extra cash on ₹10L cover) for Santosh, Suraksha, and Sumangal.
Frequently Asked Questions on Post Office Schemes (2026)
At the official 7.4% per annum interest rate, an investment of ₹9,00,000 in a single account generates exactly ₹5,550 per month (totaling ₹3,33,000 over 5 years). A joint account with ₹15,00,000 deposit yields ₹9,250 per month (totaling ₹5,55,000 over 5 years). Your original principal is returned 100% upon maturity.
Under the latest Ministry of Finance rates (7.5% p.a. compounded annually), money doubles in exactly 115 months (9 years and 7 months). For example, a deposit of ₹1,00,000 matures to guaranteed ₹2,00,000. Premature encashment is permitted after 2.5 years (30 months).
Post Office 5-Year Recurring Deposit offers 6.7% per annum interest, compounded quarterly. Each monthly deposit earns interest for the balance quarters remaining in the 60-month lifecycle. A deposit of ₹5,000/month accumulates to approximately ₹3,56,830 on maturity (₹3,00,000 principal + ₹56,830 interest).
The Senior Citizen Savings Scheme (SCSS) allows a maximum deposit of ₹30 Lakh per individual aged 60+ (or ₹60 Lakh for a senior couple). At 8.2% per annum, the quarterly interest payout is ₹61,500 for a ₹30 Lakh deposit (equivalent to ₹20,500/month), credited directly every quarter into the depositor's savings account.
Yes. Post Office deposits carry an absolute 100% sovereign guarantee from the Government of India without any upper limit, whereas commercial bank deposits are insured only up to ₹5 Lakh per depositor by DICGC. Additionally, Post Office counters do not deduct 10% TDS at source, leaving you with full liquidity during the year.