Tenure - 3 years,
No upper limit of investment,
High earning potential,
Provides 10% to 15% returns with a good scheme, over a long term.

Return - 8% compounded half-yearly,
Tenure - 6 years,
Minimum investment - Rs 500,
No maximum investment limit,

Amount invested can be deducted from taxable income.

Return - Currently between 5% and 9% depending on tenure.
Tenure should be up to a maximum of 5 years to avail tax benefits.
Amount invested can be deducted from taxable income.

Image: A South Korean bank clerk works next to a banner showing the bank's deposit rate in Seoul. | Photograph: You Sung-Ho/Reuters

Also read: Your financial strategy for today

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