Compare schemes by purpose
PPF is designed for long-term savings, SSY focuses on an eligible girl child's future, SCSS serves eligible senior citizens, and POMIS focuses on periodic monthly interest payments. NPS is a separate retirement-focused system with market-linked investment outcomes.
What factors should you compare?
Consider eligibility, contribution or deposit limits, tenure, liquidity, payout frequency, tax treatment, risk and whether the scheme matches your savings goal.
Do not compare interest rates alone
A higher displayed rate does not necessarily make a scheme suitable for every person. Verify current official rates and rules, and remember that NPS returns are market-linked rather than guaranteed.
Official information
Check current scheme terms, eligibility and applicable rates using the relevant official source before making decisions.
Visit official sourceGovtSave is an independent educational platform, not an official government website. Calculations are illustrative estimates and are not personalised financial advice. Verify current scheme rules with official sources.