Post Office Time Deposit calculator
7.5% a year · Backed by the Government of India · Interest taxed at your slab rate
Interest you receiveInterest you receive
₹7,714 a year
₹5,307 after tax. Your ₹1,00,000 comes back after 5 years.₹5,307 after tax. By year 5, each payment buys what ₹4,053 buys today.- You put in
- ₹1.00 L
- Interest in all
- ₹38,568
- Tax
- ₹12,033
5.31% a yearafter tax
Your deposit and the interest paid out so farYour deposit and the interest paid out so far, in today's moneyYour moneyEarned
How the Post Office 5-year Time Deposit rate has changed
Post Office 5-year Time Deposit pays 7.5% today, unchanged since April 2023. Since it began in March 1981, it has ranged from 6.7% (2020–2022) to 13.5% (1991–1993).
- The rate on the day you invest stays fixed for your whole term. Later changes, up or down, don't affect money you've already put in.
- Rates were higher in the 1980s and 1990s, when prices were also rising faster. What counts is how far the rate stays ahead of inflation (5.54% now).
See every rate change (25)
| Period | Rate a year |
|---|---|
| Apr 2023 – now | 7.5% |
| Jan 2023 – Mar 2023 | 7% |
| Apr 2020 – Dec 2022 | 6.7% |
| Jul 2019 – Mar 2020 | 7.7% |
| Oct 2018 – Jun 2019 | 7.8% |
| Jan 2018 – Sep 2018 | 7.4% |
| Jul 2017 – Dec 2017 | 7.6% |
| Apr 2017 – Jun 2017 | 7.7% |
| Oct 2016 – Mar 2017 | 7.8% |
| Apr 2016 – Sep 2016 | 7.9% |
| Apr 2014 – Mar 2016 | 8.5% |
| Apr 2013 – Mar 2014 | 8.4% |
| Apr 2012 – Mar 2013 | 8.5% |
| Dec 2011 – Mar 2012 | 8.3% |
| Mar 2003 – Nov 2011 | 7.5% |
| Mar 2002 – Feb 2003 | 8.5% |
| Mar 2001 – Feb 2002 | 9% |
| Jan 2000 – Feb 2001 | 10.5% |
| Jan 1999 – Jan 2000 | 11.5% |
| Sep 1993 – Dec 1998 | 12.5% |
| Oct 1991 – Sep 1993 | 13.5% |
| Apr 1991 – Sep 1991 | 11.5% |
| Apr 1987 – Mar 1991 | 11% |
| Mar 1983 – Mar 1987 | 11.5% |
| Mar 1981 – Feb 1983 | 10.5% |
Source: National Savings Institute, Ministry of Finance, rates since launch; Oct–Dec 2026 from the Ministry's latest notice.
Good to know
- Rates for Oct–Dec 2026: 1 year 6.9%, 2 years 7%, 3 years 7.1%, 5 years 7.5%. Your rate is locked when you open the deposit.
- Interest is worked out every quarter but paid once a year, and it's taxed at your slab rate.
- Only the 5-year deposit counts for the old-regime ₹1.5 lakh deduction.