Free Finance Calculators

SSY

Girl child savings – tax-free returns

Government scheme for the girl child. Account can be opened for a girl below 10 years. Maturity at 21 years from opening. Partial withdrawal after 18 for education or marriage. Tax-free (EEE).

Rate: 8.2% p.a. · Min/max limits apply

PPF

15-year tax-free savings

Voluntary long-term savings with sovereign guarantee. 15-year tenure, extendable in blocks of 5 years. Partial withdrawal and loan facility available. Tax-free interest and maturity.

Rate: 7.1% p.a. · Min/max limits apply

NPS

Pension and market-linked growth

Voluntary retirement scheme with Tier I (locked till 60) and Tier II (withdrawable). You choose equity, debt, and government fund mix. At 60, 60% lump sum tax-free, 40% used to buy annuity.

Market-linked · Tier I & II

EPF / PF

Employer + employee retirement savings

For salaried employees in establishments covered by EPF. 12% of basic + DA from employee; employer contributes 12% (8.33% to EPS, rest to EPF). Interest and maturity tax-free.

Rate: 8.15% p.a. · Min/max limits apply

SCSS

Fixed income for 60+

For senior citizens (60+) or early retirees (55+ VRS, 50+ defence). Lump sum deposit, interest paid quarterly. 5-year tenure, extendable by 3 years. Government-backed.

Rate: 8.2% p.a. · Min/max limits apply

NSC

5-year fixed, 80C benefit

Fixed 5-year tenure. Interest compounded annually and deemed reinvested (taxable on maturity). No maximum limit. Available at post offices and banks.

Rate: 7.7% p.a. · Min/max limits apply

APY

Guaranteed pension for unorganised sector

Guaranteed monthly pension (₹1,000–₹5,000) from age 60. Contribution depends on entry age and pension chosen. Government co-contribution for eligible non-taxpayers (first 5 years).

Mahila Samman

Short-term for women & girl child

2-year scheme for women or girl children (guardian). Interest compounded quarterly. Withdrawal up to 40% after one year. (Scheme discontinued for new accounts from April 2025.)

Rate: 7.5% p.a. · Min/max limits apply

POMIS

Monthly interest payout

Interest paid monthly. Single account max ₹9 lakh; joint max ₹15 lakh. 5-year maturity. Premature withdrawal after 1 year with penalty. Resident Indians only.

Rate: 7.4% p.a. · Min/max limits apply

KVP

Amount doubles in ~9 years 7 months

Government certificate; lump sum doubles in about 115 months at current rate. Premature withdrawal after 2.5 years with penalty. No 80C; interest taxable.

Rate: 7.5% p.a. · Min/max limits apply

Post Office RD

Monthly savings, 5-year tenure

Monthly deposits; 5-year tenure. Interest compounded quarterly. Loan after 12 instalments (up to 50% balance). Premature withdrawal after 3 years with penalty.

Rate: 6.7% p.a. · Min/max limits apply

Post Office TD

1–5 year fixed deposits

Fixed deposits for 1, 2, 3, or 5 years. Interest paid annually (quarterly compounding). 5-year TD eligible for 80C. Premature withdrawal after 6 months with reduced rate.

Rate: 7.5% p.a. · Min/max limits apply