Post Office 1-year time deposit

A 1-year Post Office time deposit earns 6.9% a year in the official table for July to September 2026. This page shows what common deposits are worth at the end, with interest compounding every quarter. If you take the interest out each year instead, you get less in total at the end, because the interest stops earning interest.

Deposits and their value

What to know

• The minimum is ₹1,000 in multiples of ₹1,000, with no maximum (NSI).
• NSI says interest is calculated quarterly and paid annually.
• The NSI page lists the 80C rebate only for the 5-year deposit, not for this one.
• The rate is the latest in the official table and is reviewed every quarter.

Before you invest

Before you deposit, check the rate for the term you want on the day you open the account and whether you want the interest paid out each year or left to compound. Pick the term to match when you will need the money, since closing early changes the interest you receive.

Common questions

Change the figures in the calculator

Sources

• Interest rates for every quarter: National Savings Institute, Ministry of Finance, "Scheme Wise Interest Rate" table (nsiindia.gov.in), read on 13 November 2026. The latest quarter shown in that table was July-September 2026; the October-December 2026 column was empty on that date.
• Minimum and maximum deposits, terms and withdrawal features: the same institute's "National Savings Schemes at a glance" page (nsiindia.gov.in), read on 13 November 2026.
• PPF interest rule: Public Provident Fund Scheme, 2019, paragraph 7, as published by the National Savings Institute (nsiindia.gov.in), read on 13 November 2026: the lowest balance between the close of the fifth day and the end of the month earns interest, at a rate per annum, and interest is credited at the end of each year. The same paragraph, as amended by G.S.R. 290(E) of 5 May 2020, fixes 7.1% a year for deposits from 1 April 2020.
• What the texts do not spell out and this site assumes: a month earns one twelfth of the yearly rate, and interest is rounded to the rupee when it is added. Sukanya Samriddhi follows the same pattern in the way we work it; the recurring deposit and time deposit figures compound every quarter, as NSI says for the time deposit; the rule texts of those schemes were not opened. Every result is an estimate and a passbook can differ by a few rupees.

Rates and limits read on 13 November 2026 from the National Savings Institute. They are set by the government for each quarter and can change; the rates shown are those of July to September 2026, so treat them as out of date after 31 December 2026 unless this page has been updated. This is arithmetic, not investment advice; check the current rate at a post office, an authorised bank or indiapost.gov.in before you invest.