- Best Investment Plans: People have realized in Coronavirus how important savings are. – In this era of the epidemic, banks are continuously cutting interest rates.
- There is a problem as to where to invest.
- We are telling you about some such schemes, where you can get up to 7% interest rate on investment.
- Up to 7% interest on POMIS, KVP, NSC, double benefit in less investment
Best Investment Plans
People have realized during the Coronavirus how important savings are. In such a situation, people are now planning to invest. But, in this period of the epidemic, banks are continuously cutting interest rates. So the problem is where to invest? We are telling you about some such schemes, where you can get up to 7% interest rate on investment. Here you are guaranteed the security of money with good returns.
Kisan Vikas Patra (Kisan Vikas Patra)
If you invest for a long time, then Kisan Vikas Patra may be the best option for you. Interest will be given on the Kisan Vikas Patra at the rate of 6.9 percent. Your investment in this plan will double in 124 months. If you invest a lump sum amount of Rs 1 lakh in this scheme, you will get Rs 2 lakh in return on maturity.
Post Office Monthly Income Scheme (POMIS)
In the post office monthly income scheme, you can invest minimum Rs 1,000 and maximum Rs 4.5 lakh in a single account. However, up to a maximum of Rs 9 lakh can be deposited in a joint account. Under this scheme more than two people can also open joint accounts. The post office scheme attracts an interest of 6.6% on the investment. In this, your total return is on an annual basis. Therefore it is divided into 12 parts per month.
National Saving Certificate (NSC)
The National Savings Certificate (NSC) is also a good investment option. The maturity period of this scheme is 5 years. The current rate of interest on NSC is 6.8% and interest is compounded annually.
IDFC First Bank
Customers at IDFC First Bank will get 6 percent interest on deposits up to Rs 1 lakh, while 7 percent interest is being received on deposits of more than one lakh. Along with this, up to Rs 10,000 interest on a savings account is also exempt in tax. Deposit in this bank is AAA-rated, so it can be considered safe to invest in it.
#interest #POMIS #KVP #NSC #Saving #investment