PPF vs NSC – which is better

[Sameer Kapoor]

Discussion evaluating PPF vs NSC, to understand which is better. Well, most saving schemes like National Savings Certificate (NSC), Public Provident Funds, Monthly Income at post offices are among the most popular investment schemes, after bank fixed deposits. However, only few of them offer tax rebates and hence one has to be check before selecting the scheme for investing.

[Sameer Kapoor]

I feel PPF is better since it has 2 benefits. The amount invested qualifies for 80C and interest earned is exempt from income tax

[Sameer Kapoor]

Refer to article on following link

https://www.simplypaisa.com/?p=36930

• This reply was modified 10 years, 5 months ago by Sameer Kapoor.
• This reply was modified 10 years, 5 months ago by Sameer Kapoor.
• This reply was modified 10 years, 3 months ago by Sameer Kapoor.

[Sameer Kapoor]

A good one!!!
can you tell which banks are offering Online ppf facility??? Also Is there a possibility to get money before maturity in PPF accounts.

• This reply was modified 10 years, 3 months ago by Sameer Kapoor.

[Sameer Kapoor]

Sure Sameer,

You may find a whole of information about PPF going through this link

https://www.simplypaisa.com/?tag=ppf

Thanks

[Sameer Kapoor]

Now Post office will also offer ATM. Finance Minister P Chidambaramas inaugurated first Post office Saving bank ATM as a part of 4909 crore IT modernization scheme for Department of posts. The first ATM was launched at Thiyagaraya Nagar Head Post Office (HPO). Initially it will be used for withdrawing money just for saving deposit from post office but later it will be used similar to any other bank deposit, which means that it will offer ‘inter-operability’ i.e the customer will be able to withdraw cash of other banks also (just like other bank ATMs)

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