IPPB Recurring Deposit (RD) Interest Rate 2026
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Quick Answer
India Post Payments Bank does not offer recurring deposits. As a payments bank, it cannot offer term deposit products. Explore RD at commercial banks.
IPPB Recurring Deposit — Rates at a Glance
| Recurring Deposits | Not available(Payments bank restriction) |
Rates are indicative as of 2026-04-07. Verify with India Post Payments Bank official website before investing.
Key Things to Know
- 1India Post Payments Bank cannot offer RD products
- 2Post Office RD (at 6.7% p.a.) is a safe alternative
- 3Commercial banks offer RDs from ₹100/month
Calculate Your Returns
Total Deposited
₹1,20,000
Interest Earned
₹9,099
Maturity Amount
₹1,29,099
Calculated with quarterly compounding as per RBI guidelines for RD accounts. TDS applies on interest above ₹40,000 per year (₹50,000 for senior citizens).
Frequently Asked Questions
Does IPPB offer recurring deposits?
No. India Post Payments Bank is a payments bank and cannot offer recurring deposits or fixed-term savings products.