Start with a small amount: You can start investing in this scheme from just Rs 1,000 and there is no maximum investment limit.
Safe investment: Since it is guaranteed by the government, your investment remains safe.
Tax benefits: There is tax benefit under Section 80C of the Income Tax Act on TD for 5 years.
Premature withdrawal facility: In this scheme, you can withdraw money after 6 months, but some charges may apply.
Auto-renewal option: This scheme has the facility of automatic renewal after the completion of the tenure.