| Scheme | Interest payable, Rates, Periodicity etc. | Minimum Amount for opening of account and maximum balance that can be retained |
|---|---|---|
| National Savings Certificates (NSC) | From 01.04.2020, interest rates are as follows:- 6.8 % compounded annually but payable at maturity. | Minimum of Rs. 1000/- and in multiples of Rs. 100/- No Maximum Limit |
| 5 Years National Savings Certificate (VIII Issue) | INR 1000/- grows to INR 1389.49 after 5 years |