Balance₹0Principal invested
Post Office Savings Calculator — Account Interest
Estimate yearly interest on your post office savings account balance
Browse more in Post Office schemes
PO Savings Calculator
Rates: Q1 FY 2025-26·Updated 1 Apr 2025·Verify on India Post
Official indicative rate: 4% p.a.
%
Pre-filled with the notified India Post rate. Adjust to model a different rate.
Max ₹10 lakh
₹
One LakhYr
Fixed tenures follow India Post scheme rules and cannot be changed in this calculator. Verify onindiapost.gov.in.
Adjust the inputs above to see your results here.
Interest earned₹0Returns generated
Estimated
Closing balance₹0Estimated final valueInvestment Summary
Updated instantly as you change values.
Investment Breakdown
Balance
₹00%
Interest earned
₹00%
Key Insights
- Government-backed India Post small savings scheme
- Verify latest rates on indiapost.gov.in
Year-wise breakdown
| Year | Principal (A) | Interest (B) | Total (A + B) | Balance |
|---|
About this calculator
In-depth guide for the PO Savings calculator — formulas, examples, and official sources for India.
Introduction
The basic post office savings account pays notified interest on your balance. It is often the linked account for MIS interest credits and RD deposits. Minimum balance rules apply.
What this calculator does
Estimate interest on post office savings account balance. Actual interest uses daily or monthly minimum balance methods per India Post rules. This calculator uses annual compounding for a simplified estimate when you plan average balance growth.
Who should use this calculator
India Post account holders and savers comparing small savings schemes. Use this tool if you want a clear estimate before speaking with a bank, post office branch, or tax advisor.
- ₹1,00,000 for 1 year at 4% → ≈ ₹1,04,000
Formula used
Formula
A = P × (1 + r)^tVariable explanation
- Input: Balance (₹)
- Average or opening balance.
- Input: Interest rate (% p.a.)
- Notified savings rate.
- Input: Period (years)
- Time horizon.
- Output: Estimated balance (₹)
- After interest.
Example calculation
- Step 1
Enter balance and rate.
- Step 2
Set period.
- Final answer
Read estimated growth.
How to use
Locate the calculator form at the top of this page.
Enter your values using the units shown (₹, %, years, or as labelled).
Review the instant result, charts, or schedules in the output panel.
Adjust inputs to compare scenarios before making a financial decision.
Benefits
Free to use with instant browser-based results — no signup.
Built for Indian rates, tax years, and units.
Includes worked examples and FAQs on every page.
Limitations
Simplified annual compounding — not daily balance method
Actual passbook interest uses minimum balance rules — may differ slightly.
Tips
Maintain minimum balance to avoid service charges.
Use as linked account for MIS/SCSS payouts.
Common mistakes
Expecting high returns — savings account rates are lower than RD/PPF.
Frequently asked questions
Are these the official India Post rates?
India Post revises small savings rates quarterly. Verify before investing. This calculator is for planning only.
What is the current savings account rate?
India Post notifies rates quarterly — often around 4% p.a. Verify on indiapost.gov.in.
Is post office savings interest taxable?
Yes, above exemption limits. Include in ITR as income from other sources.
What is the minimum balance?
Rules vary by account type — typically ₹500 minimum without cheque book. Confirm at branch.
Can I open savings account online?
IPPB and select post offices offer digital onboarding — availability varies by region.
Savings vs RD — where to park monthly surplus?
RD earns higher rate for disciplined monthly saving. Savings account is for liquidity and linked payouts.
Related guides
Government references
- India Post — indiapost.gov.in (small savings rates)
- India Post — (small savings rates)indiapost.gov.in
Conclusion
Rough estimate for post office savings balance growth — check passbook for exact interest.