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----Salient Features----
- 9% interest per annum payable quarterly.
- Minimum Deposit: Rs 1000 and multiples thereof.
- Maximum Limit : 15 Lakhs.
- The scheme is for 5 years and can be extended for a further period of 3 years.
- Premature closure facility is available after 1 year with nominal penelaty.
- Risk free investment
- Individual aged of 60 years and above can invest
- Retiring employees aged 55 years and above can invest under scheme.
- A tax saving instrument
- Joint account can be opened with spouse.
- Best Return
- Very Safe investment - A central govt scheme
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