Investment Planner

MATURITY AMOUNT YOU GET BY INVESTING RS. 60,000/- FROM VARIOUS ACCOUNTS/SCHEMES

Sr. Scheme Maturity period Rate of Intt Annual Intt/PM intt Amt of Intt Total Amount after maturity Income Tax Concession Remarks
1 1 Yrs TD 1 Yr 8.2% 5073.36pa 5,073.36 65073.36 No Intt calculated- compounded on quarterly basis.

Intt will be paid annually

2 2Yrs 2 Yrs 8.2% 5073.36pa 10146.74 70146.74.68 No Intt calculated- compounded on quarterly basis.

Intt will be paid annually

          10349.67 70349.67 No If annual interest deposited Saving Account.
3 3Yrs 3 Yrs 8.3% 5137.15pa 15411.48 75411.48 No Intt calculated- compounded on quarterly basis.

 Intt will be paid annually

          16036.33 76036.33 No If annual interest deposited Saving Account.
4 5 yrTD 5 yr 8.4% 5200.99pa 26004.95 86004.95 No Intt calculated- compounded on quarterly basis.

Intt will be paid annually

          28170.22 88170.22 No If annual interest deposited Saving Account.
5 MIS 5 yr 8.4% 420 pm 25,200.00 85,200.00 No Intt calculated annually

Intt paid monthly

          31270.00 91270.00 No If monthly intt is reinvested in RD on auto credit system on request basis.
6 SCSS 5 yr 9.2% 1,380 per qtr 27,600.00 87,600.00 No Intt calculated annually and payable quarterly. Applicable only for Senior Citizen.
7 RD 5 yr 8.3%   14,453.00 74,453.00 No For Deno Rs.1000/- Intt calculated on compounded quarterly basis. Monthly deposit Rs.1,000/-
8 PPF 15 yr 8.7%   11,47,552.00 21,03,132.00 Yes Amount doubles the investment after maturity period.
9 NSC (VIII issue) 5 yr 8.5%   30,972.00 90,972.00 Yes Investment amt will qualify for tax deduction.
10 NSC (IX issue) 10 yr 8.8%   81960.00 141960.00 Yes Investment amt will qualify for tax deduction.