| National Savings Certificate (NSC) | Public Provident Fund (PPF) |
| Interest Paid: 8%, compounded half-yearly | Interest Paid: 8%, compounded annually |
| No monthly/yearly payments | No monthly/yearly payments |
|
Minimum investment: Rs 100 Maximum investment: No Limit |
Minimum investment: Rs 500 (required annually) Maximum investment: Rs 70,000 |
| Tenure: 6 years | Tenure: 15 years |
|
Tax benefit under Income tax available. Amount invested or Rs 1,00,000 which ever is lower |
Tax benefit under Income tax available. Amount invested or Rs 70,000 which ever is lower |
| Good investment for medium-term option | Good investment for medium-term option |
CAclubindia
