look news india
In today’s era, women are no longer limited to home and family; They are also playing an important role in securing their financial future. Proper investment and financial planning is the first step towards financial independence for women. In such a situation, some investment schemes can prove to be extremely beneficial for women, because they are not only safe but also give better returns.
Sukanya Samriddhi Yojana (SSY) – This scheme was started keeping in mind the future of daughters. An account can be opened in the name of a girl child below 10 years of age. Women get 8.2% interest per annum, and investors also get tax benefits under Section 80C. This plan is a reliable option for education, marriage and other long-term financial goals.
Post Office Mahila Samman Savings Scheme – Launched in 2023, this scheme offers good interest rates to women on short-term investments for two years. Investment can range from a minimum of ₹1,000 to a maximum of ₹2 lakh. The scheme offers better returns than regular savings accounts and helps women achieve their financial goals.
Senior Women and Bank FD – Fixed deposits (FD) are a safe option for women above 60 years of age. It offers an interest rate 0.50% more than the normal interest rate. Apart from this, Senior Citizens Savings Scheme (SCSS) also offers higher interest rates and security on long term investments.
Investing in Kisan Vikas Patra (KVP) is safe and easy. It offers an interest rate of 7.5% and is best for long term investment.
National Savings Certificate – NSC offers a fixed interest rate for a period of five to ten years and also offers tax benefits. It is a reliable long-term investment option for women.