Time Deposit, 3 years

Government of India · Public schemes

Rate a year: 7.10%

Facts read on · Source

The facts

Term
3 years
Deposit
From ₹1,000, no upper limit
Tax
Interest taxed

Worth knowing

Interest is compounded every quarter and paid once a year. The rate on the day it is opened holds for the term. It can be closed early after six months, at a lower rate.

Rate history

Rates are added, never edited, so earlier rates stay on this page.

  1. : 7.10% · 36-month term

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For education only. The Savingy Guide explains how money products and decisions work in general terms. It is not financial, investment, tax, insurance or legal advice, and it does not recommend any product. Rules, rates and figures change, so check the current terms before you act, and speak to a qualified professional about your own situation.