-Post office Schemes: If saving is done under the right time and right planning, then in a few years you can have a lot of money ready.
There are many schemes of post office, where you can get good return on investment.
You can invest in Sukanya Samriddhi Yojana (SSY Account), Public Provident Fund (PPF) of the Post Office.
Today, we are telling you 5 best investment options where your money will stay safe and give better returns.
Post office Schemes: If saving is done under the right time and right planning, then in a few years you can have a lot of money ready. There are many post office schemes where you can get good returns on investment. You can invest in Post Office Sukanya Samriddhi Yojana (SSY Account), Public Provident Fund (PPF). Today we are telling you 5 best investment options where your money will stay safe and give better returns. The best thing is that here you can start investing with just Rs 500.
Sukanya Samriddhi Yojana: 32.8 lakhs to be made every day with an investment of 200 rupees, apply this way
1. Post Office Public Provident Fund (PPF)
Interest is being paid at the rate of 7.1% annually on the amount deposited in the post office public provident fund. Individuals can invest a minimum of Rs 500 and a maximum of Rs 1.5 lakh in a financial year. You can deposit money in the scheme in a lump sum or in 12 installments. The maturity period is 15 years. The deduction in PPF account can be claimed under Section 80C of the Income Tax Act. The interest paid on it is completely tax-free.
2. Sukanya Samridhi Yojana (SSY)
The interest in Sukanya Samriddhi Yojana is being paid at a rate of 7.6% per annum. Parents of this scheme have to invest only for 14 years. After this, maturity is attained when it is 21 years. After 14 years, interest on the closing amount will be 7.6% per annum. In this, you can open an account for 250 rupees. Customers also get the benefit of tax exemption in SSY. Minimum investment of Rs 1000 and a maximum of Rs 1.5 lakh can be done every year.
3. Mutual Funds
Mutual funds are also a good option for investment. If you invest Rs 500 monthly in a period of 15 years, you can make Rs 2 lakh at an interest rate of 10%. Apart from this, you can earn Rs 1.10 lakh for an investment of Rs 90,000.
Majhi Kanya Bhagyashree Scheme: in this scheme, the family gets 50 thousand rupees, apply this way
4. 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.
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