* In CBS Post offices ,when any TD account is matured, the same TD account will be automatically renewed for the period for which the account was initially opened. Example 2 Years TD account will be automatically renewed for 2 Years. Interest rate applicable on the day of maturity will be applied.
Interest payable annually but calculated quarterly.
From 1.04.2017, interest rates are as follows:-
Interest data details
|1 yr. Account||6.9%|
|2 yr. Account||7.0%|
|3 yr. Account||7.2%|
|5 yr. Account||7.7%|
Deposit Amounts are as follows:-
Deposit amount details
|Type of Account ||Minimum Deposit ||Maximum Deposit |
|1, 2, 3 & 5 Year TD||INR. 200/- and in multiples of INR. 200/- thereafter||No limit|