Scribd
Upload
10 views2 pages

Investment Comparison

The document outlines various investment options including PPF, FD, Savings Bank Account, and Recurring Deposit, detailing their minimum amount required, interest rates, lock-in periods, tax benefits, and liquidity. PPF offers a government-declared interest rate of ~7.1% with a 15-year lock-in, while FDs have variable rates between 6% and 7.5% depending on the bank. Savings accounts and recurring deposits provide lower interest rates with higher liquidity but less favorable tax benefits.

Uploaded by

rahulgupta.svcpcell
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
10 views2 pages

Investment Comparison

The document outlines various investment options including PPF, FD, Savings Bank Account, and Recurring Deposit, detailing their minimum amount required, interest rates, lock-in periods, tax benefits, and liquidity. PPF offers a government-declared interest rate of ~7.1% with a 15-year lock-in, while FDs have variable rates between 6% and 7.5% depending on the bank. Savings accounts and recurring deposits provide lower interest rates with higher liquidity but less favorable tax benefits.

Uploaded by

rahulgupta.svcpcell
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 2

Name - Rahul Gupta

Roll No. - 0924068

Course – B.Com(P)

VARIOUS INTEREST RATES FOR DIFFERENT INVESTMENTS

PPF FD SAVING RECURRING


BANK DEPOSIT
ACCOUNT ACCOUNT
MINIMUM ₹500 per year ₹1,000 (varies ₹500 (or as per ₹500 per month
by bank) bank) (varies by bank)
AMOUNT
REQUIRED

INTEREST ~7.1% 6% – 7.5% 2.5% – 4% 6% – 7.5%


(government (bank- (comparable to
RATE PER declared) dependent) FD)
ANNUM
15 years 7 days to 10 No lock-in 6 months to 10
LOCK – IN years (funds are years
liquid)
PERIOD

EEE (Exempt- Interest No tax benefit Interest taxable,


TAX Exempt- taxable, Sec no Sec 80C
Exempt) 80C only if 5+
BENEFITS year FD
Low (Partial Medium High Medium
LIQUIDITY withdrawal (Premature (Withdraw (Premature
after 7 years) withdrawal anytime) closure may
allowed with incur penalty)
penalty)

You might also like