India Post Small Savings Calculator
The India Post Small Savings Schemes are government-backed investment vehicles that offer guaranteed returns. This utility calculates maturity amounts, interest payouts, and total returns for all major post office schemes based on current official rates.
Calculator
Scheme Explanations & Rules
Select a scheme below to view detailed rules, eligibility, and tax benefits valid for 2025.
Post Office Savings Account (4.0%)
Similar to a standard bank savings account. Interest is calculated on the minimum balance between the 10th and the last day of the month.
- Min Deposit: ₹500 to open.
- Tax: Interest up to ₹10,000 is tax-free under Section 80TTA.
- Facilities: Cheque book, ATM card, and net banking available.
Post Office Time Deposit / FD (6.9% – 7.5%)
Fixed deposit schemes available for 1, 2, 3, or 5 years. Interest is compounded quarterly but paid annually.
- Payout: Interest is credited to the savings account annually.
- Tax Benefit: Investment in the 5-Year TD qualifies for Section 80C deduction (up to ₹1.5 Lakh).
- Premature Closure: Allowed after 6 months with a penalty.
Recurring Deposit (RD) (6.7%)
A 5-year scheme where you deposit a fixed amount every month. Interest compounds quarterly.
- Min Deposit: ₹100 per month.
- Maturity: 5 Years (extendable by another 5 years).
- Loan: Loan facility available after 1 year (up to 50% of balance).
Senior Citizen Savings Scheme (SCSS) (8.2%)
The highest interest-paying scheme for individuals aged 60 and above. Interest is paid quarterly (31st Mar, 30th June, 30th Sept, 31st Dec).
- Max Deposit: ₹30 Lakh.
- Tax: Qualifies for 80C. Interest is taxable (TDS applies if interest > ₹50,000/year).
- Tenure: 5 Years.
Monthly Income Scheme (MIS) (7.4%)
Invest a lump sum and receive a fixed monthly interest payout.
- Limits: Max ₹9 Lakh (Single) or ₹15 Lakh (Joint Account).
- Tenure: 5 Years.
- Tax: Interest is taxable. No 80C benefit on principal.
National Savings Certificate (NSC) (7.7%)
A 5-year instrument where interest is reinvested annually (compounded) and paid at maturity.
- Tax Benefit: Principal qualifies for 80C. Accrued interest is also deemed reinvested and qualifies for 80C (except final year).
- Collateral: Accepted as security for loans by banks.
Public Provident Fund (PPF) (7.1%)
A 15-year long-term investment. “EEE” means Principal, Interest, and Maturity amount are all tax-free.
- Min/Max: ₹500 to ₹1.5 Lakh per financial year.
- Lock-in: 15 Years (Partial withdrawals allowed from 7th year).
- Compounding: Annually.
Kisan Vikas Patra (KVP) (7.5%)
A scheme that doubles your money in a specific period (currently 115 months / 9 Years 7 Months).
- Lock-in: 2.5 Years.
- Tax: Not tax-deductible. Interest is taxable on accrual basis.
Mahila Samman Savings Certificate (7.5%)
A one-time small savings scheme for women and girls available for a 2-year period.
- Max Limit: ₹2 Lakh.
- Tenure: 2 Years.
- Withdrawal: Partial withdrawal of 40% allowed after 1 year.
Sukanya Samriddhi Yojana (SSY) (8.2%)
Dedicated to the girl child. Accounts can be opened for girls below 10 years of age.
- Tax: EEE Status (Exempt-Exempt-Exempt). Tax-free returns.
- Maturity: 21 Years from opening (or marriage after 18).
- Deposit Period: 15 Years.
Interest Rate Table (Oct–Dec 2025)
| Scheme / Instrument | Interest Rate | Compounding / Payout |
|---|---|---|
| Post Office Savings Account | 4.0% | Annually |
| 1 Year Time Deposit (TD) | 6.9% | Quarterly (Paid Annually) |
| 2 Year Time Deposit (TD) | 7.0% | Quarterly (Paid Annually) |
| 3 Year Time Deposit (TD) | 7.1% | Quarterly (Paid Annually) |
| 5 Year Time Deposit (TD) | 7.5% | Quarterly (Paid Annually) |
| 5 Year Recurring Deposit (RD) | 6.7% | Quarterly Compounding |
| Senior Citizen Savings (SCSS) | 8.2% | Quarterly Payout |
| Monthly Income Scheme (MIS) | 7.4% | Monthly Payout |
| National Savings Cert (NSC) | 7.7% | Annual Compounding |
| Public Provident Fund (PPF) | 7.1% | Annual Compounding |
| Kisan Vikas Patra (KVP) | 7.5% | Annual Compounding (115 Months) |
| Mahila Samman Savings | 7.5% | Quarterly Compounding |
| Sukanya Samriddhi (SSY) | 8.2% | Annual Compounding |
Frequently Asked Questions
Which Post Office schemes save tax under Section 80C?
The following schemes qualify for tax deduction up to ₹1.5 Lakh per financial year under Section 80C:
- 5-Year Time Deposit (TD)
- Public Provident Fund (PPF)
- Senior Citizen Savings Scheme (SCSS)
- National Savings Certificate (NSC)
- Sukanya Samriddhi Yojana (SSY)
Is the interest earned taxable?
Yes, for most schemes (Time Deposits, MIS, SCSS, NSC, KVP), the interest earned is fully taxable as per your income tax slab. TDS may be deducted if interest exceeds ₹40,000 (₹50,000 for seniors). However, PPF and SSY enjoy EEE status, meaning the interest earned and maturity amount are completely tax-free.
Can I withdraw money before maturity?
Premature withdrawal rules vary by scheme:
- Time Deposits: Allowed after 6 months (penalty applies).
- PPF: Partial withdrawal allowed from the 7th financial year.
- MIS/SCSS: Allowed after 1 year (deduction penalties apply).
- KVP: Allowed after 2.5 years.
How can I open a Post Office account?
You can open an account by visiting your nearest Post Office branch with KYC documents (Aadhaar, PAN) and a passport-sized photo. Many of these schemes are also available through authorised banks and can be managed via net banking if linked.