Sunday , November 24 2024

Do you want to protect your investments from rising inflation? learn how

Small Savings Scheme Returns: Investors who want to invest in safe and government savings scheme can invest in this small savings scheme. Bank FDs and savings accounts are available at higher interest rates than deposits and hence earn good returns. In which the interest rates are fixed by the Central Government on the basis of inflation for 3 months, hence one also gets protection from inflation. So you may see an increase in returns on your investments along with an increase in inflation.

Most interested in this scheme

Sukanya Samriddhi Yojana gives the highest interest among the small savings schemes of the post office. Whose interest rate is 8.2 percent. Apart from this, 8.2 percent interest is also available on savings scheme for senior citizens. The lowest interest in Post Office Savings Account is 4 percent. Most post office small savings schemes offer tax deduction benefits. The income from which is also tax free.

Sukanya Samriddhi Yojana:

During the financial year in Sukanya Samriddhi Yojana, you can spend a minimum of Rs. Rs 250 to maximum Rs. You can invest up to Rs 1.5 lakh. An account can be opened and invested in the name of a girl child up to 10 years of age. Maturity period is 21 years. In which the benefit of tax deduction is also available.

Interest up to 9 percent in small savings scheme

Description

annual interest rate

post office savings account

4%

1 year fixed deposit

6.9%

2 year fixed deposit

7%

3 year fixed deposit

7.1%

5 year fixed deposit

7.5%

5 year rd plan

6.7%

Senior Citizen Savings Scheme 8

2 %

monthly income account

7.4%

National Savings Certificate

7.7%

ppf scheme

7.1%