Post Office Recurring Deposit interest rate July-September 2026: Earn 6.7% for 5 years

The ministry has decided to keep the Post Office RD interest rate unchanged at 6.7% for the July-September 2026 quarter.

The Post Office Recurring Deposit, also known as National Savings Recurring Deposit Account, will continue to offer 6.7% interest per annum on fresh deposits in the July-September quarter.

A post office RD account can be opened with an amount as low as ₹100, while there is no maximum limit on the amount that you can invest under this scheme.

Post Office RD vs Bank RD

The Post Office RD slightly differs from recurring deposits in banks in terms of flexibility. While banks allow you to break and withdraw from an RD account at any time, the Post Office Recurring Deposit can be closed prematurely only after three years from the date of account opening.

The Post Office RD account allows advance deposits for any period up to 5 years. Moreover, the scheme allows loans up to 50% of the deposits at a simple interest of 2% over the applicable interest rate. Accountholders can repay the loan as a lump sum or in EMIs.

The Post Office RD account matures after five years. However, it can be extended for another five years.

In case of premature closure, the Post Office Savings Account interest rate applies. The next review of the Post Office RD account interest rate will be done by the ministry on September 30, 2026.