{"id":11447,"date":"2021-04-03T00:30:00","date_gmt":"2021-04-02T19:00:00","guid":{"rendered":"https:\/\/www.apnaplan.com\/?p=11447"},"modified":"2021-04-09T16:54:56","modified_gmt":"2021-04-09T11:24:56","slug":"post-office-fd-calculator","status":"publish","type":"post","link":"https:\/\/www.apnaplan.com\/post-office-fd-calculator\/","title":{"rendered":"Post Office FD Calculator 2021 \u2605 Earn Higher Interest than Bank FD"},"content":{"rendered":"\n

Post Office <\/strong>along with providing postal services and also offer FD (Fixed Deposit) Scheme officially known as Post Office Time Deposit<\/a>. <\/strong> We have designed a simple excel based Post Office FD calculator<\/strong> where you can input the investment amount, interest rate and it will calculate the interest earned and maturity value. This FD is similar to that offered by banks but has two advantages. The interest offered is generally higher than most government banks<\/a> and its guaranteed by Government of India (and hence 100% safe from credit default).  <\/p>\n\n\n\n

Post Office FD Calculator <\/h2>\n\n\n\n

Calculating Post Office FD interest payout or maturity value is pretty simple using the compound formula below:<\/p>\n\n\n\n

Maturity Value = Principal * (1 + Interest Rate\/4)^(Tenure in Years*4) <\/code><\/pre>\n\n\n\n
The above formula is for interest compounded quarterly. <\/p>\n\n\n\n
Using this formula, if you invest Rs 1 Lakh at 7.8% interest for 5 years term, the maturity amount would be Rs 1,47,145 (1,00,000 * (1+7.8%\/4)^(5*4))<\/p>\n\n\n\n
\n
Download Post Office FD Calculator<\/strong><\/a><\/div>\n<\/div>\n\n\n\n
\"Post
Post Office FD Calculator<\/strong><\/figcaption><\/figure><\/div>\n\n\n\n
How to use Post Office FD Calculator<\/h2>\n\n\n\n
The Post Office Fixed Deposit Calculator i<\/strong>s simple and easy to use. You need to provide 3 inputs – The interest rate, the amount invested and the tenure which is 1,2,3 or 5 years. The FD calculator gives you the maturity amount.<\/p>\n\n\n\n
\n
Download Post Office Fixed Deposit Calculator<\/strong><\/a><\/div>\n<\/div>\n\n\n\n
\n
Calculator for Small Saving Scheme – PPF, SCSS, Sukanya Samriddhi, NSC, Post Office FD\/RD\/MIS<\/strong><\/h4>
Small saving scheme sponsored by Government of India like Sukanya Samriddhi Account, PPF,  Senior Citizens\u2019 Savings Scheme are quite popular and rightly so because of the safety, higher interest rate offered among other things. We have built calculator for each of them where you can check the maturity amount, loan eligibility, partial withdrawal and more. Click on the links to get the relevant calculator  <\/p>
PPF Calculator<\/a><\/strong><\/p>
Sukanya Samriddhi Yojana Calculator<\/a><\/strong><\/p>
Senior Citizens\u2019 Savings Scheme Calculator<\/a><\/strong><\/p>
NSC Calculator<\/a><\/strong><\/p>
Post Office Fixed Deposit (Time Deposit) Calculator<\/a><\/strong><\/p>
Post Office Recurring Deposit Calculator<\/a><\/strong><\/p>
Post Office MIS Calculator<\/a><\/strong><\/p><\/div><\/div>\n<\/div><\/div>\n\n\n\n
Post Office FD Investment Rules<\/h2>\n\n\n\n
The Post Office FD is available for 1, 2, 3 & 5 Years tenure only.<\/p>\n\n\n\n
As with all other Small Saving Schemes like PPF, SCSS, Post Office FD rates are also declared every quarter. The Post Office FD Interest Rate for FY 2021-22 (April to June)<\/strong> are as follows (Check latest Post Office FD Interest Rate<\/a>)<\/p>\n\n\n\n