Public Provident Fund (PPF)

PPF stands out as a leading long-term investment option in India, offering tax-free returns under Section 80C. With a minimum deposit of Rs 500 and an annual ceiling of Rs 1.5 lakh, it's a secure choice for investors looking to reduce their tax liability while ensuring tax exemption on deposits, interest earnings, and withdrawals. The interest rate for the January-March 2025 quarter is 7.1%.

National Savings Certificates (NSC)

NSC offers a secure investment option with assured returns and tax advantages. Investments start from Rs 1,000, with no upper limit, though tax benefits apply only up to Rs 1.5 lakh annually. The scheme has a five-year duration, with an interest rate of 7.7% for the January-March 2025 quarter, compounded annually but payable at maturity.

Sukanya Samriddhi Yojana (SSY)

SSY is a government initiative for girls, providing high returns with tax benefits. Investments range from Rs 250 to Rs 1.5 lakh yearly, qualifying for Section 80C deductions. Both interest and maturity proceeds are tax-free, with an interest rate of 8.2% for the January-March 2025 quarter.

Senior Citizens' Savings Scheme (SCSS)

SCSS is a retirement savings program offering substantial returns and tax benefits. The minimum deposit is Rs 1,000, with a maximum of Rs 30 lakh. Investments up to Rs 1.5 lakh qualify for Section 80C deductions, with an interest rate of 8.2% for the January-March 2025 quarter.

Post Office Time Deposit (POTD)

The 5-year POTD scheme offers tax benefits under Section 80C for investments up to Rs 1.5 lakh annually. The minimum deposit is Rs 1,000, with no maximum limit. The interest rate for the January-March 2025 quarter is 7.5%, payable annually but calculated quarterly.