Post Office Time Deposit Scheme offers Guaranteed Interest Income of Rs 90,000

New Delhi: Looking for a secure investment avenue with guaranteed returns?

Explore the Post Office Time Deposit Scheme, a government-backed initiative offering fixed interest income.

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With interest rates ranging from 6.9% to 7.5%,

this scheme provides a reliable option for investors seeking steady financial growth.

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Key Features of the Scheme:

Interest Rates:

The scheme offers competitive interest rates of 6.9% for 1 year, 7.0% for 2 years, 7.1% for 3 years, and 7.5% for 5 years.

Interest is compounded quarterly and paid annually, ensuring consistent returns on investment.

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Minimum Investment:

Investors can start with a minimum deposit of Rs 1000,

making it accessible to a wide range of individuals seeking to grow their savings.

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Earning Potential:

By utilizing the Post Office Time Deposit Calculator, investors can estimate their potential earnings.

For instance, depositing Rs 2 lakh for a 5-year period could yield approximately Rs 90,000 in interest.


Notably, the accrued interest remains in the account, enhancing the overall returns.

Tax Benefits and Rules:

Tax Exemption:

Opening a Post Office Time Deposit Account for 5 years entitles investors to tax benefits under Section 80C of the Income Tax Act, making it an attractive option for tax-efficient savings.



The scheme allows for single or joint account ownership, providing flexibility to investors.

Premature closure is permitted after a minimum lock-in period of 6 months, ensuring liquidity when needed.

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