PMVVY | SCSS | GOI | |
Yearly returns | 7.66% | 7.4% | 7.75% |
Total term | 10 years | 5 years | 7 years |
Rate Fixed or Revised | Fixed | Revised | Fixed |
NRI/HUF | Not allowed/HUF allowed | Not-allowed | Not allowed/HUF allowed |
Minimum investment | 1,56.656 | 1000 | Rs.1000 |
Maximum investment | Rs.15,00,000 | Rs.15,00,000 | No limit. |
Channels | LIC only | Post-office/Bank | Banks only |
Options for receiving Interest | Monthly/quarterly/half-yearly/yearly. | Quarterly basis | Half-yearly basis. |
Loan | Yes | Yes | No |
TDS | No | Deductible | Deductible |
Form | Physical form | Physical form | Demat only. |
Yearly Charges | None | None | Demat charges |
Ask an experienced financial planner chennai for guidance in determining how to manage your funds – and for exploring your options to generate reliable income. They can help you build a rock-solid strategy that lets you enjoy a predictable lifestyle for the long haul.
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