Back to directory
TDTime Deposits
National Savings Time Deposit
Current interest rate
7.5% p.a.
Rates valid for Q3 2026-27 (Oct-Dec)
Similar to bank fixed deposits, offering guaranteed returns with multiple tenure options.
Key details
- Minimum deposit₹1,000
- Maximum depositNo limit
- Tenure1, 2, 3 or 5 Years
- CompoundingQuarterly (Payable Annually)
- Tax benefits5-year TD qualifies for Section 80C
Features and benefits
- Different interest rates for different tenures
- Account can be pledged as security
Tax & inflation view
Tax regime
- Tax saved via 80C (total)
- ₹20,000
- Tax on interest
- -₹8,999
- Post-tax value
- ₹1,35,996
- In today's money
- ₹1,06,556
Estimate only. Excludes surcharge and cess; interest is taxed in the year it accrues.
TD calculator
1 lakh
₹1K₹50L
Duration (years)
Total invested
₹1,00,000
Total interest
₹44,995
Maturity value
₹1,44,995
Year-by-year growth
| Year | Opening | Deposit | Interest | Closing |
|---|---|---|---|---|
| 1 | ₹0 | ₹1,00,000 | +₹7,714 | ₹1,07,714 |
| 2 | ₹1,07,714 | — | +₹8,309 | ₹1,16,022 |
| 3 | ₹1,16,022 | — | +₹8,949 | ₹1,24,972 |
| 4 | ₹1,24,972 | — | +₹9,640 | ₹1,34,611 |
| 5 | ₹1,34,611 | — | +₹10,383 | ₹1,44,995 |
Maturity value · 5 years
₹1,44,995
Total interest
+₹44.99K