SCHEMES	TYPE	INTEREST RATE	TERM	MIN – MAX INVESTMENT	PREMATURE WITHDRAWAL	TAX BENEFIT	LOAN FACILITY
National Savings Certificate	Growth	8% compounded half yearly	6 years	Rs 100 - no upper limit.	No	U/s 80C of the IT Act.	No
Post Office Time Deposit	Fixed deposit	1 yr.- 6.25%, 2 yr.- 6.50%, 3 yr.- 7.25% and 5 yr.- 7.50% per year compounding quarterly but paid annually	1- 5 years	Rs 200 - no upper limit	Yes	U/s 80C of the IT Act.	No
Public Provident Fund	Recurring	8% per annum	15 years	Rs 500 - Rs 70,000	Yes	U/s 80C and 10 of the IT Act.	Yes
Post Office Monthly Income Scheme	Regular Income	8% per annum payable monthly and 5% bonus on maturity	6 years	Min. Rs 1,500; Max. Single acct. Rs 450,000 - Joint acct. Rs 900,000	Yes	Nil	No
Kisan Vikas Patra	Growth	Amount invested doubles in 8 years 7months	8 years 7 months	Rs 100 - no upper investment limit.	Yes	Nil	Yes
Senior Citizens Savings Scheme	Regular income	9% per annum payable quarterly	5 years	Min. Rs 1,000 Max. Rs 1,500,000	Yes	U/s 80C of the IT Act.	No