look news india
If you are looking for your money for safe investment without any risk, the post office savings plans can be a good option. These plans not only protect your money, but also give certain and guaranteed returns. This is the reason that even today a large number of people prefer to invest in post offices rather than options like stock market or mutual funds.
If you are looking for safe investment and want to know which post office schemes are the best, then here are the top 5 schemes for you.
Sukanya Samriddhi Account: This scheme is especially created for the future of daughters. Under this scheme, parents can save money for their daughter’s education and marriage. It gets 8.2% annual interest rate. This account can be opened with minimum ₹ 250 and maximum of ₹ 15 lakh per year investment.
Kisan Vikas Patra: This is a certificate scheme that can double your investment in about 9 years and 10 months. It is currently getting an annual interest rate of 7.5%. This scheme is suitable for investors who want to invest for long periods.
Public Provident Fund: PPF is a long -term investment scheme of the Government of India. It is completely safe and provides tax benefits. This scheme gets an interest rate of 7.1% per year. You can invest up to ₹ 15 lakh per year.
National Savings Certificate: NSC is a fixed income savings scheme in which anyone can open an account. It is particularly beneficial for small and middle income group investors as it provides tax benefits. 7.7% interest is received on this scheme. The minimum investment amount is ₹ 1,000, and maximum investment has no limit.
National Savings Recurring Deposit Account: This scheme is specially designed for small investors. By depositing a small amount every month, you can prepare a large fund for your future. It gets 6.7% interest and investment in it can be started from only ₹ 100 per month.
