Post Office FD Interest Rate: Here's How Much You Will Earn on Rs 2 Lakh Deposit Over 5 Years

If you deposit Rs 2 lakh in a Post Office Fixed Deposit (FD) for a period of five years, the interest earned will be calculated based on the prevailing interest rates, which currently range from 6.9% to 7.5%. These rates are compounded quarterly, meaning interest is added to the principal every three months. Interest rates for Post Office FDs vary depending on the duration of the deposit, from 1 year to 5 years. The interest earned will be higher with a longer deposit term.

For those looking to open a Post Office FD account, the minimum deposit required is Rs 1,000. Investments can be made in multiples of Rs 100 (ie. Rs 1,100 or Rs 9,900), but amounts such as Rs 1,110 or Rs 9,990 are not permissible. Withdrawing funds before the maturity of the FD may alter the interest calculations. You can open a Fixed Deposit at Post Office with a minimum investment of Rs 1,000.

If you invest Rs. 2,00,000 now, here’s how much you could earn with interest:

• For 1 year – 6.9% interest
• For 2 years – 7.0% interest
• For 3 years – 7.1% interest
• For 5 years – 7.5% interest

Let’s calculate the interest earned based on current rates for a Rs 1,00,000 investment:

• After 1 year: Interest will be Rs 7,080, bringing the total amount to Rs 1,07,080.
• After 2 years: Interest will be Rs 14,888, resulting in a total of Rs 1,14,888.
• After 3 years: Interest will amount to Rs 23,507, with a total of Rs 1,23,507.
• After 5 years: The interest will be Rs 44,994, and the total amount will reach Rs 1,44,994.

If you invest Rs 1,50,000, the interest earned will be as follows:

• After 1 year: Interest will be Rs 10,621, making the total amount Rs 1,60,621.
• After 2 years: Interest will accumulate to Rs 22,332, resulting in a total of Rs 1,72,332.
• After 3 years: The interest will be Rs 35,261, bringing the total to Rs 1,85,261.
• After 5 years: Interest will amount to Rs 67,492, leading to a total of Rs 2,17,492.

If you invest Rs 2,00,000, the interest earned will be as follows:

• After 1 year: The interest will be Rs 14,161, resulting in a total of Rs 2,14,161.
• After 2 years: The interest will amount to Rs 29,776, with a total of Rs 2,29,776.
• After 3 years: Interest will be Rs 47,015, bringing the total to Rs 2,47,015.
• After 5 years: The interest will be Rs 89,989, making the total Rs 2,89,989.

These interest rates are not fixed and may fluctuate. The estimates provided are based on current prevailing rates.