Please find below the table for fixed income instruments like EPF, PPF, NSC, Sukanya Samriddhi Yojana interest rates for 2019.
Interest rates on Fixed Income options under section 80c
|Name of the instrument||Where to invest||Minimum and maximum investment||Lock-in period||Maturity||Current Interest rate – Jan 2019|
|EPF (Employee provident Fund)||Company||Deducted from Salary. depending company salary structure||Locked till completeion of employment. However loan facility available||Retirement/ quitting the job||8.55% – Tax free return|
|PPF (Public Provident Fund)||Banks/ Post office – Ony one account per individual||Rs. 500- 1,50,000 per year||6 year onwards parial withdrawal possible||15 years.||8% – Tax free return|
|NSC (National Savings Certificate)||Post office||Rs. 100 – Rs. 1,50,000/-||5 years||5 years||8%- Return taxable|
|Sukanya Samridhi Yojana||Bank/ Post offiec||Account opening – Rs. 250/- Rs. 1000- 1,50,000/-||Investment upto 14 years from opening e account||Partial – Daughter attaining 18 years Rest – 21 years||8.5% – Tax free return|