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Scheme Name

Returns

Min / Max
Amount (Rs.)

Liquidity

Tax
Benefits

National Savings Certificate

8.0%

100 /
No Limit

No premature withdrawal.

u/s 88  
u/s 80L

Public Provident Fund

8.0%

500 /
70,000

Maturity is 15 years; loan available after 3rd year onwards upto max of 25% of balance at the end of preceding year. Part withdrawal allowed after 7 years.

u/s 88
u/s 10

Kisan Vikas Patra

Doubles money in 8 years and 7 months

100 /
No Limit

Premature withdrawals allowed.

NIL

Post Office Monthly Income Scheme

8.0%

1,000 /
3,00,000

No withdrawal before 1 year & on withdrawals between 1 to 3 years,
5% of principle is deducted. No bonus in such cases.

u/s 80L

Post Office Savings Deposit *

3.5%

20 /
100000 **

Withdrawal anytime without notice.

NIL

 

Post Office Time
Deposit***

6.25 to
7.50%

50 /
No Limit

No interest is paid if withdrawn between 6 months to 1 year. Penal interest of 2% deducted if withdrawn after 1 year from date of deposit.

u/s 80L

         

         
 
         

Post Office Recurring Deposit

Maturity Value of Rs. 10 Deposited Rs. 728.90(Deposit to be made every month)

10 /
No Limit

Amount can be withdrawn after three years at interest rate calculated as per rules.

u/s 80L



* Returns of individual / Joint and group accounts.
** Maximum amount for joint account is Rs. 2,00,000/- and no limit on institutional account.
*** Deposit scheme with duration of 1,2,3,5 years available.

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