Lidea Feed

Post Office FD: On investing 2 lakh rupees in Post Office FD, you are getting interest of Rs 29,776..

News Update April 18, 2025 06:26 PM

FD Calculator: Post Office not only provides postal services but also banking services. Savings and fixed deposit (FD) accounts can be opened here. FD in the post office is called time deposit (TD), which is like the FD of banks. In this, you deposit a fixed amount for a fixed period and get interest on time.

Many people in the country run savings accounts in the name of their wives to save taxes. Apart from this, savings accounts are also run in the name of women in the rest of the houses. Today we will know here that if you deposit Rs 2 lakh in the name of your wife in a 2-year TD (FD) in the post office, then how much money will be received on maturity?

7.0 percent interest is being given on a 2-year TD in the post office-

Term deposit accounts can be opened in the post office for four different periods: 1 year, 2 years, 3 years, and 5 years. The post office interest rates on these have been fixed at 6.9%, 7.0%, 7.1%, and 7.5% respectively. The minimum deposit required in this scheme is Rs 1000, and there is no maximum deposit limit. Customers can thus deposit as much amount as they want according to their convenience and requirements, making it an attractive investment option.

If you deposit Rs 2 lakh, how much money will you get on maturity-

All categories of customers get the same interest in the post office. Now whether it is a man or a woman, a common citizen or a senior citizen, the post office gives equal interest to all. If you deposit Rs 2 lakh in the name of your wife in a 2-year TD (FD) in the post office, then on maturity, a total of Rs 2,29,776 will come into your wife’s account. This includes Rs 2,00,000 of your investment, apart from Rs 29,776 of interest. On the TD scheme of the post office, the customers also get a fixed interest with a guarantee, in which there is no up-down of any kind.

Disclaimer: This content has been sourced and edited from Hr Breaking. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.