Post Office FD offers up to 7.5% interest on time:Minimum investment starts at ₹1,000, with no upper limit; check key details

The government has kept interest rates on small savings schemes unchanged for the October–December quarter (Q4 FY26). As a result, investors will continue to earn the same returns as before. If you are considering a fixed deposit, the Post Office National Savings Time Deposit Account is an option worth exploring. Here’s everything you need to know about the scheme: Minimum investment starts at ₹1,000 · The Time Deposit Account works like a fixed deposit and offers assured returns for a fixed tenure. · Interest rates range from 6.9% to 7.5% for tenures between 1 and 5 years. · The minimum investment amount is ₹1,000, with no upper limit on investment. How long will it take to double your money? At the maximum interest rate of 7.5%, your investment is expected to double in about 9 years and 6 months, based on the Rule of 72. What is the Rule of 72? The Rule of 72 is a simple financial formula used to estimate how long an investment will take to double. You divide 72 by the annual interest rate.
For example, at 8% interest, 72 ÷ 8 = 9 years to double your money. Tax benefit on 5-year deposits · Investments in the 5-year Time Deposit qualify for tax deduction under Section 80C of the Income Tax Act, 1961. · You can claim deductions of up to ₹1.5 lakh. · This benefit is available only under the old tax regime when filing your income tax return. Who can open a Time Deposit Account? · Single account: Any adult · Joint account: Two or three individuals · For minors: Children above 10 years can operate the account themselves, or parents/guardians can open it on their behalf