PPF AND NSC

Rahul Bansal (Finalist) (35929 Points)

16 March 2010  
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