Govt. Schemes
Explore and invest in beneficial government schemes for long-term financial security, backed by the Government of India.
Explore and invest in beneficial government schemes for long-term financial security, backed by the Government of India.
The PPF is widely regarded as an excellent long-term investment vehicle for building a substantial, tax-free retirement corpus.
Current Interest Rate
7.1% p.a.
Key Benefit
It offers an EEE (Exempt-Exempt-Exempt) tax status. This means your contribution (up to ₹1.5 lakh per year), the interest earned, and the maturity amount are all entirely tax-free.
Structure
It has a 15-year tenure but allows partial withdrawals and extensions in blocks of 5 years after maturity, providing flexibility while encouraging disciplined, long-term saving.
Target Audience
Ideal for anyone looking for a highly secure, long-term savings plan with an attractive interest rate guaranteed by the Government of India.
The NSC is a simpler, medium-term investment designed for risk-averse individuals who seek guaranteed returns and immediate tax benefits.
Current Interest Rate
7.7% p.a.
Key Benefit
The principal invested qualifies for a tax deduction under Section 80C. While the interest earned is taxable, it is usually reinvested, and tax is deducted at source, making the process straightforward.
Structure
It has a fixed 5-year lock-in period. It functions much like a fixed deposit and can be pledged as security for loans from banks.
Target Audience
Suitable for those who prefer a fixed, predictable return over a shorter 5-year time horizon and need to maximize their Section 80C tax deductions.