Post Office Fixed deposit schemes eligible for tax savings under Sec 80c of the IT act. Salient aspects of the schemes are as follows: 1. These schemes are provided by India Post, part of Department of Posts, Goverment Of India. 2. These schemes are part of Post Office Savings Schemes. 3. Two tax savings schemes are supported: National Savings Certicate and Public Provident Fund.   National Savings Certicates Salient aspects of the scheme are as follows: Part of Post Office Fixed deposit schemes and is eligible for tax savings under Sec 80c of the IT act. Interest Rate is 8.00% per annum, compounded half-yearly. Minimum investment of Rs. 100, no maximum limit for investment. Tenure is 6 years. Investment up to Rs. 1 lakh per annum qualifies for IT Rebate under section 80C of IT Act. Certificates can be kept as collateral security to get loan from banks. More details are available at India Post. Public Provident Fund Salient aspects of the scheme are as follows: Part of Post Office Fixed deposit schemes and is eligible for tax savings under Sec 80c of the IT act. Interest Rate is 8.00% per annum, compounded quarterly. Minimum investment of Rs. 500, maximum limit of Rs. 70000 per annum. Tenure is 15 years. Investment up to Rs. 70,000 per annum qualified for IT Rebate under section 80 C of IT Act. Tax free returns. Loan facility available from 3rd financial year upto 5th financial year. Withdrawal permitted from 6th financial year. More details are available at India Post.