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Post Office Time Deposit (TD) Account: Interest Rate, Maturity Period, Other Details
23 Jan 2019, 02:36 PM IST 
Post office small savings schemes: Interest on the TD account is compounded on a quarterly basis
From January 1, investment in a time deposit account in a post office fetches 7 per cent return in a lock-in period of 1-3 years. In other words, time deposits - or term deposits - of a maturity period of one year, two years and three years pay a 7 per cent interest in the post office. For the quarter ending March 31, money in one-year, two-year and three-year TD accounts will fetch interest at the rate of 7 per cent, according to In...
