Post Office FD Calculator
Break-up of Maturity Amount
Post Office FD calculator: Calculate the Maturity value of your investment
Post office FD Calculator is an easy-to-use tool to calculate the maturity amount of your fixed deposit in the post office for various time durations.
Post office Fixed Deposit:
Post office fixed deposit is a popular small investment scheme offered by the post office and backed by the Government of India. In this scheme, money is deposited for various durations (1 year, 2 years, 3 years, and 5 years) and the interest rate is different for different durations. Interest is calculated quarterly but paid annually. The interest paid is subject to TDS. FD of 5 years qualifies for tax saving U/S 80C of Income tax Act
Post Office interest Rates (July – September 2021)
Post Office FD calculations at a glance
Post Office Fixed Deposit Key Features
How does the Post Office FD calculator work?
Post Office Fixed Deposit Calculator works on the formula below
Maturity value = Principal * (1+Interest rate/4) (n*4),
In the formula, interest is compounded quarterly
N stands for the number of years for which investment is made
How can the post office Fixed Deposit Calculator help you?
- The calculator assists you in financial planning for the future
- The Post Office FD calculator makes you compare various amounts in different investment durations and helps you decide which duration to choose
- It is simple to use and gives results within a fraction of second