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Interest Rates on Tax Saving Small Savings Schemes

There are various tax saving options available in market these days having different lock-in periods and interest rates. Here we are presenting you a list of most popular tax saving investment options executed by majority or people in India. Check out currently applicable interest rates for various tax saving investment and small savings schemes as per guidelines issued by central government of India for Jan 1 to Mar 31, 2021. 

Instrument Interest Rates from Jan 1 to Mar 1, 2021 Compounding Frequency
Post Office Saving Account
4%
Annually
Senior Citizen Saving Scheme
7.4%
Quarterly & Paid
National Savings Certificate
6.8%
Annually
Public Provident Fund
7.1%
Annually
Sukanya Samriddhi Yojna
7.6%
Annually
Tax Saving Bank FDs
5.5% - 6.5% (Varies with banks)
Annually

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