NSC vs PPF:
A Comparative Guide
National Savings Certificate
NSC is a
offered by the government of India through post offices. The plan aims to encourage people in India to save more.
Public Provident Fund
PPF is another
government-backed investment scheme
encouraging people to build a retirement corpus that helps secure their financial future after retirement.
The maturity period of your NSC investment is
, whereas, for PPF, it is
NSC offers an interest rate of
.; on the other hand, PPF offers
The minimum amount to invest in NSC is
₹1,000, with no maximum limit
. Whereas in PPF, you can start investing with
₹500 to ₹1.5 lac
All the resident Indians
are eligible to invest in both NSC and PPF. Parents and legal guardians can open an account on behalf of minors.
Exemption up to
allowed under 80C. Additionally, PPF is
, ensuring that annual contributions, interest, and maturity amount is tax free.
Both NSC & PPF are government -backed schemes. Hence, they are
, offering guaranteed returns.
Partial or complete withdrawals before maturity are
allowed in PPF but not in NSC
Where to Invest?
NSC or PPF? What do you think suits you best? Always
consider your goals and preferences
Earn 9 - 11%
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