Post office savings
Advanced settings
- Deposited₹1,00,000
- Interest + maturity adjustment₹44,903
Scheme details & suitability
A fixed five-year government savings certificate; interest compounds annually and is reinvested until maturity.
5 years, fixed
Resident individuals; minors through a guardian, per India Post rules.
Pros
- Sovereign-backed, fixed term
- Interest compounds and reinvests automatically
- No account-level investment cap
Cons
- Locked in for the full 5 years
- No partial or premature withdrawal modelled here
- Tax and 80C treatment not calculated
Dated deposit, interest and payout
| Date | Opening | Interest | Adjustment | Payout | Closing |
|---|---|---|---|---|---|
| 01 Oct 2027 | ₹1,00,000 | ₹7,700 | ₹0 | ₹0 | ₹1,07,700 |
| 01 Oct 2028 | ₹1,07,700 | ₹8,293 | ₹0 | ₹0 | ₹1,15,993 |
| 01 Oct 2029 | ₹1,15,993 | ₹8,931 | ₹0 | ₹0 | ₹1,24,924 |
| 01 Oct 2030 | ₹1,24,924 | ₹9,619 | ₹0 | ₹0 | ₹1,34,543 |
| 01 Oct 2031 | ₹1,34,543 | ₹10,360 | ₹0 | ₹1,44,903 | ₹0 |
Dated rules and source documents
The opening date selects a reviewed quarterly notification; an unreviewed opening period blocks the result. January–March 2023 and later NSC use their respective Gazette maturity and annual-accrual tables, with the final payout rounded to a whole rupee. KVP uses the notified 115-month doubling term, not a rate-derived maturity date. Time deposits compound quarterly and pay interest annually rounded to the nearest rupee; the principal remains invested until maturity. The five-year RD uses the notified maturity table for 60 on-time instalments. A missed instalment requires a penalty/extension calculation not yet verified here and blocks the result. Savings shows accrued interest only through the notified period; it has no fixed maturity. Tax and 80C amounts are excluded pending an evidenced tax year, taxpayer eligibility and approved rule review.
NSC opened from April 2023 follows G.S.R. 328(E): maturity ₹1,449.03 per ₹1,000, proportional then rounded to a whole rupee. Annual interest follows Table 4; the final rounding adjustment is shown separately. Tax and 80C deductions are not calculated. Opening-rate source: October–December 2026; reviewed 2026-10-05. Old tax regime selected for context only; no tax amount or deduction is calculated.
DEA · January–March 2023 small-savings rates
India Post · SB Orders 2023, G.S.R. 54(E)
India Post · G.S.R. 328(E) NSC maturity and Table 4
India Post POSB (CBS) Manual · time-deposit payout rounding, para 91(2)
Illustrative estimate only, built from the reviewed notified rate for the chosen opening date. Not financial or tax advice. Tax and 80C/80TTA treatment are not calculated; confirm eligibility and current terms with India Post before investing.