Features of Post Office Fixed Deposits
Post Office Fixed Deposit (FD) Highlights | |
Tenure | 1, 2, 3 and 5 years |
Minimum Deposit Amount | Rs. 1,000 |
Interest Rates | 5.50% p.a. for 1, 2 and 3 year-tenures |
6.70% p.a. for 5 year tenure | |
Interest Payout | Annual |
Interest Calculation | Compounded quarterly |
Premature Withdrawal | Allowed after 6 months |
Nomination Facility | Available |