PO Schemes

PO Scheme
Interest
Tax Benefit
Min amount Rs
Max amount Rs
Tenure


National Saving Scheme (NSC)
8% Compounded Half yearly
80 C available
interest taxable
100
No Limit
6 years


Public Provident Fund (PPF)
8% Compounded Yearly
80 C available
interest exempt
500
70000
15 years ..extendable


Post Office Monthly Income Scheme (POMIS)
8%
Not applicable
1000
Single: 3 Lakh
Joint : 6 Lakh
6 Years, Interest paid monthly


Recurring Deposit (RD)
7.5% Compounded quarterly
Not applicable
10
No limit
5 - years


Senior Citizen Saving scheme
9 %
Not applicable
1000
15 Lakh
5 -Year , Min Age -55 years


Kisan Vikas Patra (KVP)
8.41% Compounded Yearly
Not applicable
100
No Limit
8 Years 7 Months


Term/ Time Deposits (TD)
6.25-7.50
Not applicable
200
No Limit
1,2,3,5 Years

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