The National Savings Certificate (NSC) and bank tax-saving Fixed Deposits (FDs) are among the most favored investment choices in India, providing assured returns and tax advantages under Section 80C of the Income Tax Act. The NSC scheme currently offers an attractive annual interest rate of 7.7%, compounded annually. On the other hand, various leading banks in the country extend tax-saving FDs with interest rates ranging from 6.5% to 8% per annum. These investment options are suitable for individuals looking to save on taxes while earning guaranteed returns on their investments. The NSC and tax-saving FDs cater to different risk appetites and investment horizons, offering flexibility and security to investors. With the ongoing volatility in the financial markets, these traditional investment avenues remain popular among risk-averse investors seeking stable returns. It is advisable for investors to carefully assess their financial goals and risk tolerance before choosing between the NSC and tax-saving FDs. Additionally, consulting with a financial advisor can help individuals make informed investment decisions aligned with their financial objectives. Overall, the NSC and tax-saving FDs continue to be preferred choices for conservative investors seeking tax benefits and guaranteed returns in India’s investment landscape.