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Knowledge Base

Post Office Savings Schemes

Varies by scheme — quarterly compounding typical
Government-backed, sovereign guarantee — zero default risk.
NSC: 7.7% for 5 years, tax deduction under 80C. Interest taxable.
KVP: Doubles money in ~115 months at current rates. No tax benefit.
Post Office Monthly Income Scheme (MIS): 7.4% — monthly interest payout for regular income.
Time Deposit (1-5 year): 6.9-7.5% — 5-year TD qualifies for 80C deduction.
Pro Tip
Post Office schemes are ideal for risk-averse investors and senior citizens seeking guaranteed returns.

Post Office Savings Schemes - Complete Guide

Everything you need to know about Post Office Savings Schemes and how to optimize your financial strategy.

Understanding the Formula

The core calculation is based on:

Varies by scheme — quarterly compounding typical

Key Concepts & Rules

  • Government-backed, sovereign guarantee — zero default risk.
  • NSC: 7.7% for 5 years, tax deduction under 80C. Interest taxable.
  • KVP: Doubles money in ~115 months at current rates. No tax benefit.
  • Post Office Monthly Income Scheme (MIS): 7.4% — monthly interest payout for regular income.
  • Time Deposit (1-5 year): 6.9-7.5% — 5-year TD qualifies for 80C deduction.

Expert Strategy

Post Office schemes are ideal for risk-averse investors and senior citizens seeking guaranteed returns.

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