Bank FD Comparison Tool
India Post - Post Office vs State Bank of India Fixed Deposit Comparison 2026
Compare Fixed Deposit interest rates, maturity amounts, and features between India Post - Post Office (Public Sector) and State Bank of India (Public Sector).
Post Office
Public Sector
VS
SBI
Public Sector
Post Office: Min ₹1,000
SBI: Min ₹1,000
DICGC Insured up to ₹5 Lakhs
Compare Your FD Returns
Adjust the parameters below to see how returns compare between the two banks
₹
Five Lakhs rupees
₹1,000₹20,00,000
years
1 year10 years
Interest Rate Comparison
Interest Rates by Tenure
General rates across different tenures
Current selection: 3 years (1095 days) -Post Office: % |SBI: %
Side-by-Side Rate Comparison
Direct comparison of general rates
Post Office
SBI
Highlighted = Your selected tenure
Feature Comparison
Features | Post Office Public Sector | SBI Public Sector |
|---|---|---|
Minimum FD Amount | ₹1,000 | ₹1,000 |
Current Interest Rate(Selected Tenure) | % | % |
Premature Withdrawal Penalty | 1% | 1% |
Official Rate Source | View Official Rates | View Official Rates |
India Post - Post Office
Public Sector Bank
Key Advantages:
Government backed savings schemes
Nationwide post office network
Quarterly compounding on TD and RD
5-year TD qualifies for Section 80C benefits (₹1.5 lakh)
No additional interest for senior citizens
Loan facility up to 50% after 12 months on RD
Minimum deposit: ₹10/month for RD, ₹1,000 for TD
RD tenure can be extended up to 10 years
Safe and secure government scheme
Available at all India Post offices
State Bank of India
Public Sector Bank
Key Advantages:
Largest branch network in India
Government backing and security
Online FD booking available
Competitive interest rates
Easy premature withdrawal
Important: Fixed Deposit Safety & Insurance Coverage
₹5 Lakh Insurance Limit
The Deposit Insurance and Credit Guarantee Corporation (DICGC) provides insurance coverage of up to ₹5 lakhs per depositor per bank. This means if you deposit more than ₹5 lakhs in a single bank, only ₹5 lakhs is guaranteed by the government.
⚠️ Recommendation:
Never deposit more than ₹5 lakhs in a single bank. If you have larger amounts, distribute them across multiple banks to ensure full insurance coverage.
Smart Distribution Strategy
For ₹10 lakhs: Split between Post Office (₹5L) + SBI (₹5L)
For ₹15 lakhs: Add a third bank to the mix
💡 Pro Tip:
You can also open FDs in different family members' names in the same bank to get additional ₹5 lakh coverage for each account holder.
Key Insights & Recommendations
Choose Post Office If:
- •Minimum amount: ₹1,000
- •Public Sector banking preference
- •Government backed savings schemes
- •Nationwide post office network
- •Quarterly compounding on TD and RD
Choose SBI If:
- •Minimum amount: ₹1,000
- •Public Sector banking preference
- •Largest branch network in India
- •Government backing and security
- •Online FD booking available
Best Strategy:
- •Split large amounts across both banks
- •Keep ≤₹5L per bank for insurance
- •Compare rates before investing
- •Consider branch convenience
- •Review rates periodically
Explore more FD comparisons
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