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The minimum amount required to open a post office fd account is rs.
Fixed deposit interest rates in post office calculator. Post office s time deposit account allows investments for different amount of times such as 1 year 2 year 3 year and 5 year. How to calculate interest on post office fd. 1 year fd 6 9. 2 year fd 6 9.
For deposits made through cheques the date of realization of the cheque will be the opening date of the fd. Post office fixed deposit can be opened offline by cash or cheque. 3 year fd 6 9. Check india post fd rate of interest and calculate fd final amount via india post fd calculator on the economic times.
Calculating post office fd interest payout is pretty simple. 5 year fd 7 7. Post office fixed deposit interest rates are decided by the government of india every quarter under small saving schemes. Maturity value principal 1 interest rate 4 n 4.
Post office rd calculator online calculate post office rd interest rate using post office recurring deposit calculator 2020. Post office fixed deposit with a tenure of 5 years has an interest rate mark up of 25 bps over the. Currently the highest interest rate offered by post office fixed deposit is 7 70 for 5 years tenure. The current post office fd interest rates for january to march 2020 are.
All you have to do is use the compound interest formula given below for all the required details. India post fd calculator online calculate india post fd interest rate using india post fixed deposit calculator 2020. Post office fd interest rate. These rates are in turn determined as per the performance of government securities bills.
In above tool we have provided calculation for latest interest rates effective from 1 apr 2016. An investor can take a loan against fd by pleading the post office fd. Check post office rd rate of interest and calculate rd final amount via post office rd calculator on the economic times.
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