New Delhi, Sept. 27 -- A Rs.10 lakh investment in a Post Office Time Deposit (TD) can provide predictable interest income, but the amount earned depends entirely on the tenure chosen by the individual investor. Furthermore, the Post Office TD is officially known as the National Savings Time Deposit (TD) scheme.

It is important to keep in mind that for the July-September 2026 quarter, the government has retained the interest rate at 7.1% per annum for 3-year TDs and 7.5% for 5-year TDs. These rates apply to deposits opened during the quarter. The complete calculations on Rs.10 lakh are discussed below.

Note: Illustration assumes the prevailing rate remains applicable throughout the respective tenure. Interest is calculated quarterly but ...