Post office schemes Calculator: Choose the Best scheme on your own. It will enable you to know the best Post office Saving Scheme among all the Postal schemes as per your requirement.

What if you can get a single calculator for all postal schemes and compare them at a time.

Cool! right?

Yes, you can now visualize the amount of money you get for the amount invested in any Post office scheme at a time apart from suggesting different options for the same amount using this Indian Post office Saving Schemes calculator.

Let’s dive in right now.

Table of Contents

## Post Office Schemes Calculator

You can download the following Excel sheet which has a Post office schemes Calculator with interest rates embed in it.

Download the Indian Post office schemes Calculator in excel now:

#### Download: PO schemes Calculator

The inputs that you may have to give in this Postal schemes calculator are :

Age of the customer : |

Gender: Male/Female |

Payment frequency: Monthly/Year |

Deposit Amount: |

Senior Citizen?: Yes/NO |

Once the above-mentioned inputs are entered manually in the excel sheet, you will be shown the outcome.

Interest rates are given as the latest one (as of 07-10-2020) in the Indian Post office Saving Schemes calculator.

But, you have the option to change the interest rates whenever there is a change in the interest rates every quarter.

#### Post office Saving Schemes Calculator

The beauty of this Post Office Saving Schemes Calculator is that it will allow you to know the best postal scheme that earns more interest as per your preconditions like

(i) the span of investment;

(ii) gender( for Sukanya Samriddhi Account only in the name of the female child you can open the account);

(iii) payment frequency;

(iv) whether senior citizens or not?

Post office Saving Scheme calculator will automatically give you the result with calculated interest for each scheme.

#### PO Schemes Calculator for Post office scheme 2020

**Green Colour:** Apart from this, the best Postal scheme for less than 5 years’ duration will be highlighted in the excel sheet with the color green in this Post Office Saving Schemes Calculator. (Notation of color code is at the end of the excel sheet with green color.)

**Yellow Colour**: Similarly, the Best postal scheme for 5 years duration will be highlighted in the excel sheet with the color yellow in the Indian Post office Saving Schemes Calculator. (Notation of color code is at the end of the excel sheet with yellow color.)

**Blue Colour:** In addition, the Best Postal scheme for more than 5 years duration is given in the excel sheet with Blue color as highlighted in the Indian Post office Saving Schemes Calculator. (Notation of color code is at the end of the excel sheet with Blue color.)

Best scheme for Less than 5 years duration |

And Best scheme for 5 years duration |

Best scheme for more than 5 years duration |

It is not the rate of interest, it is the safety of our principal amount, which is safe only in Post Office deposits.

No bank has any credibility now, we may lose all the money but RBI will give a guarantee and pay Five lakhs only.

#### Indian Post Office Saving Schemes Calculator

#### What are the schemes that this Post office Saving Scheme Calculator shows you?

For the following different Postal schemes, the Post office Saving Scheme calculator will compare and shows you the interest amount/maturity amount for each of the schemes.

This will enable you to choose the best scheme in the Post office.

**Postal Schemes:**

1. Recurring Deposit Account (RD Account)

2. One (1)Year Time Deposit (TD)

3. Two (2) Year Time Deposit (TD)

4. Three (3) Year Time Deposit (TD)

5. Five (5) Year Time Deposit (TD)

6. Monthly Income Scheme (MIS)

7. Public Provident Fund(PPF)

8. Sukanya Samriddhi Yojana (SSY)

9. Senior Citizen Savings Scheme (SCSS)

10. MIS to RD

11. SCSS to RD

12. National Savings Certificate (NSC)

13. Kisan Vikas Patra (KVP)

If you can see serial 10 and 11 from the above list, you observe that even the best utility is brought out by a combination of best schemes like MIS and RD; SCSS to RD. Thus, this serves as the Post Office Fixed Deposit Schemes Calculator also.

**MIS to RD:**

Here, it means if you auto credit the interest earned through MIS, the probable amount you get at the end of maturity is shown.

**SCSS to RD:**

If your parents choose to transfer/reinvest the money that they get as interest every 3 months in RD, this postal calculator shows the amount you get finally.

So, you get the final result for all the above postal schemes in one shot if you give the inputs.

On the screen, you have all the figures right in front of you to take a prudent decision.

You need not ask/bother any Post office person as to what is the best scheme in the Post office for the given money.

Or else you need not worry which scheme in the Post office yields best interest rates given the interest rates changing frequently every quarter.

This Post Office Deposit Schemes Calculator will keep you updated forever.

#### POST OFFICE Recurring Deposit Calculator (2020)

You can use Post office RD Calculator online or offline as you like. You can calculate the POST OFFICE RD Interest rate using POST OFFICE Recurring Deposit calculator 2020.

Check the POST OFFICE RD calculator for knowing the exact maturity value for the given period of 5 years or more during the extension period.

You can also compare the amount that you can reap when you go for an MIS to RD and SCSS to RD in one go on a submit button. It’s that easy.

#### POST OFFICE RD CALCULATOR

Normally, the interest rate will be fixed until the maturity of the RD for a given account.

However, when you open a new Recurring Deposit (RD) account in the Post office, the rate of interest prevailing will apply.

So, this All-in-one Post office savings scheme calculator works fine.

#### Post office RD calculator excel

It is because, whenever there is a change in the interest rate, you have the option in this POST OFFICE RD calculator to modify the interest rate column as per the existing interest rate and calculate the maturity amount and compare it with other schemes with the same amount.

Download: The Post office RD Calculator Excel

Normally PO RD account is for a period of 5 years with an option to extend it for further 5 years.

The minimum Denomination of Deposit in a Post office RD account has been revised from ₹10 to ₹100.

RD Denomination can be in multiples of ₹10.

The number of individuals allowed in a joint account is three(3) now(previously it was 2).

**RD Loan:** RD Loan should be in multiples of ₹10 (earlier it was ₹5). PO RD Loan repayment can be made in multiples of ₹10(earlier it was ₹5).

RD Loan interest is RD Interest scheme plus 2%(earlier it was 5 yr TD Interest +2%).

**Post office** **RD Protected Savings scheme:** Maximum benefit is limited to a maturity value of ₹100 and the age limit is from 18 years to 55 years.

#### The Post office Senior Citizen Scheme Interest Calculator

Of course, the Post office Senior Citizen Scheme Interest Calculator helps you to know the interest that you earn every quarter for the given amount you invest/deposit in that scheme.

Using this Post office SCSS Scheme Calculator, the final amount that you get on the amount you deposit is shown in the excel sheet.

#### Post office Monthly Income Scheme Calculator 2019

Post office Monthly Income Scheme Calculator 2019 and 2020 will help you get to know the interest amount that you earn from the Post office Monthly Income scheme that is for a period of 5 years.

You can use this as a Post office Monthly Income Scheme Calculator 2018 or Post office Monthly Income Scheme Calculator 2019 or Post office Monthly Income Scheme Calculator 2020 by replacing the interest rates as per the year we want to know. Thus this is a Post office Savings Scheme Calculator that works for any year you name it.

#### Post Office Scheme calculator

With this MIS Post Office Scheme calculator, you may want to reinvest the interest earned from MIS in the Post office Recurring Deposit (RD) again without taking interest every month.

Further, with this Post office Monthly Scheme Calculator, you can see that calculation also in one go with the above-mentioned option MIS to RD column.

#### Post Office PPF Scheme Calculator

The excel serves as a Post office PPF Scheme calculator as well. It defines the amount that you get as maturity for the given period for the invested amount by you.

#### Post office FD Calculator 2020

Post office FD Calculator or Post office Term Deposit Calculator is one and the same.

Here there are 4 types of Term Deposits (TD) in Post office saving schemes. They pretty much vary in the maturity period and interest rates.

- One (1)Year Time Deposit (TD)
- Two (2) Year Time Deposit (TD)
- Three (3) Year Time Deposit (TD)
- Five (5) Year Time Deposit (TD)

This Post office FD calculator will help to find out the interest earned and maturity on the amount deposited by you in a Post office towards Time Deposit Account.

Depending on the term or time deposit you opt for, the interest varies and maturity varies and the same will be shown automatically when you enter the details of deposit and term in the FD Calculator for Post office schemes.

You can also compare the maturity amount with other schemes simultaneously.

#### Latest Interest Rates on Postal Saving schemes (as of 01-10-2020).

Current Interest rate on Post office Deposit Schemes | Interest Rate (%) from 01.10.2020 | Min Amount ₹ | Max Amount ₹ | Tax-Benefits | |

Sukanya Samriddhi Account | 7.6 % (CA*) | ₹ 250 | 1.50 Lakh pa | Tax-exempted under section 80© of Income Tax Act | |

Senior Citizen Saving Scheme(SCSS) | 7.4 % (CQ* and paid) | ₹1000 | 15 Lakh | Tax-exempted under section 80© of Income Tax Act | |

Public Provident Fund(PPF) | 7.1 % (CA*) | ₹500 | 1.50 Lakh pa | Tax-exempted under section 80© of Income Tax Act | |

Kisan Vikas Patra(KVP) (Matures in 124 months) | 6.9 % (CA*) | ₹1000 | No Limit | ||

5 Yr NSC – VIII Issue | 6.8 % (CA*) | ₹1000 | No Limit | Tax-exempted under section 80© of Income Tax Act | |

Time Deposit- 1 year TD, 2 years TD & 3 years TD | 5.5 % (CQ*) | ₹1000 | No Limit | ||

Time Deposit- 5 years TD | 6.7 % (CQ*) | ₹1000 | No Limit | Tax-exempted under section 80© of Income Tax Act | |

Post Office Monthly Income Scheme | 6.6 % (CM* and paid) | ₹1000 | Single: 4.50 Lakhs Joint:9 Lakhs | ||

Recurring Deposits(RD) | 5.8 % (CQ*) | ₹100 | No Limit | ||

Savings Account(SB) | 4 % (CA**) | ₹500 | No Limit | Interest earned is tax-free up to ₹10,000 per year under Section 80 TTA. |

CQ** refers to Compounded Quarterly

CA* refers to Compounded Annually

CM* refers to Compounded Monthly

The Government has decided to keep the interest in Postal saving schemes unchanged for this quarter.

So, now the Postal Schemes continue to fetch the same interest rates for the quarter ending December 2020 similar to the previous quarter.

#### Conclusion:

It’s basically a Post office All Scheme Calculator that rationally tells you which one to choose provided you are eligible in terms of age, gender, minimum and maximum limits for investment as such.

Which Post Office Scheme calculator would you like to use first?

Let me know in the comments section right now.

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