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Indian Post Office Fixed Deposit

Indian post offers a fixed deposit provision for Indian Citizens with various interest rates. The following information gives you more detail on Indian post office fixed deposit rates.

Eligibility criteria to open a fixed deposit account in Indian post office

  • You should be an Indian Citizen.
  • You should be above 18 year old.
  • if you are below 18 years then child’s parent can maintain the account in child’s name.
  • You can open a single account or a joint account with two adults.
  • Group account or institutional account can not be opened.

How to apply for Indian PO fixed deposit account

  • You can visit any of your nearby post office and collect the application form.
  • Submit the duly filled application to the post master and get your account opened done within two working days.
  • You need to submit following mandatory documents to get your account activated.
  • You have to submit a copy of your id proof and passport size photograph.
  • You should also give a proof of your residential address in the post office.

Indian post office FD interest rates

  • The interest rate for a fixed deposit of one year is 6.25% per year at Indian post office.
  • The interest rate for a fixed deposit of two year is 6.5% per year at Indian post office.
  • The interest rate for a fixed deposit of one year is 7.25% per year at Indian post office.
  • The interest rate for a fixed deposit of one year is 7.5% per year at Indian post office.
  • The interest rate for a fixed deposit of one year is 8% per year at Indian post office.

Note : The interest rate gets calculated every year.

Minimum and maximum deposit

  • The minimum amount should be rs.200 in order to open a fixed deposit account.
  • There is no limit for maximum amount.
  • But note that the amount deposited should be multiple of 200.

For more information you can also visit the following link. Indian Post office

  • In this link you can find an interest generator.
  • All you have to do is just enter the number of year you would be depositing the money and enter the fund amount.