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How To Open A Post Office Fixed Deposit: Simple Online And Offline Guide | Business News
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You can open a Post Office Fixed Deposit anywhere in India, either online or offline. Here’s how.
Investing in a Post Office Fixed Deposit comes with several benefits.
(Representational Image)
Post Office Fixed Deposits (FDs) are secure, government-backed investments popular in India. They offer fixed returns over tenures of 1 to 5 years, with interest compounded quarterly and paid annually.
With rates ranging from 6.9 per cent to 7.5 per cent per annum in 2025, they are attractive for conservative investors seeking steady income.
Whether you are tech-savvy or prefer traditional banking, you can open a Post Office FD either online via the e‑banking portal or app or offline by visiting your nearest post office.
FD In Post Office: Interest Rates in 2025
As of 1 July 2025:
1-year FD: 6.90 per cent p.a.
2-year FD: 7.00 per cent p.a.
3-year FD: 7.10 per cent p.a.
5-year FD (including tax-saving option): 7.50 per cent p.a.
These rates apply equally to regular and senior citizens, unlike separate senior FDs in banks.
FD In Post Office: How to Open Online?
– Create an account: Register on the India Post e‑banking portal (ebanking.indiapost.gov.in) or download the Post Office mobile banking app.
– Initiate FD request: Login, go to the ‘Requests’ or ‘Products & Services’ section, and choose “Open POFD Account” or “Fixed Deposit”
– Fill application: Enter details: deposit amount (min Rs 1,000), tenure (1–5 years), nominee info, etc.
– Upload KYC documents: Provide identity and address proof (Aadhaar, PAN, voter ID, utility bills, passport).
– Make payment: Pay online via net banking or UPI.
– Confirmation: Receive the FD account number and digital receipt upon successful submission.
FD In Post Office: How to Open Offline
– Visit a post office: Go to your nearest India Post branch offering FD services.
– Collect and fill form: Obtain the Post Office Time Deposit form or download it online; complete it and attach a photo.
– Submit documents and deposit: Submit the form with KYC proofs and deposit the FD amount in cash or by cheque/demand draft.
– Confirm account: Get a stamped receipt or passbook entry confirming your FD and maturity date.
FD In Post Office: Benefits
FD Guaranteed returns: Backed by the Government of India, ensuring capital protection.
Competitive rates: Up to 7.5 per cent p.a., often higher than traditional bank FDs.
Tax-saving option: 5-year FDs qualify for Section 80C deductions (up to Rs 1.5 lakh).
Premature withdrawal: Allowed after 6 months (penalties apply).
Nomination facility: You can name a nominee for hassle-free succession.
No upper deposit limit: Deposit any amount (in multiples of Rs 100).
To open one, simply choose your preferred mode—online through the e‑banking portal/app or offline at a branch—and enjoy a reliable investment route for long-term savings.
A team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover al…Read More
A team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover al… Read More
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Delhi, India, India
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