6 | Tax-free interest under section 80L upto a maximum limit of Rs 12,000 | Regular income | NSC | 8 | 6 | Tax rebate under section 88. Interest is eligible for deduction under section 80L upto a maximum limit of Rs 12,000 | Tax saving |
NSS | 8 | 4 | | Tax saving |
KVP | 8.46 | 8 years, 7 months | No TDS is applicable on the interest income | Capital preservation |
Time deposits | 6.25 (1 year) | 1,2,3 and 5 | Benefits upto Rs 12,000 under section 80L | Growth at pre-determined rates |
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