Invest in these government schemes of post office, you will benefit
We have to invest but not take risks. In such a situation, government supported investment schemes are the only way out which can give you guaranteed returns and also reduce the risk. Indian Post Office is running many such government schemes in the country, where you get interest up to 8.2 percent annually. If you get low risk, high interest and guaranteed returns, then no one faces much difficulty in investing. Post Office runs many such schemes which are also called Chhoti Bachan Yojana. Let us know about these schemes.
Sukanya Samriddhi Yojana Post Office scheme
If you are eligible for the scheme for senior citizens then you can invest in Sukanya Samriddhi Yojana. The government is currently offering 8 percent interest on this scheme, which is the highest after the Senior Citizen Scheme. You can invest in this scheme only if you have a daughter whose age is less than 10 years. Maximum number of people in a family can open this account in the name of girls.
You will have to invest a minimum of Rs 250 in this scheme in a financial year, although you can invest a maximum of Rs 1.5 lakh in this scheme. This account becomes mature after 21 years from the date of account opening. You can withdraw money from this account when the girl turns 18 or passes 10th.
National Savings Certificate
In this scheme, the government gives you 7.7 percent interest annually. The minimum amount to invest in this scheme is Rs 1000 and there is no maximum amount. Any adult can invest in this scheme. This account becomes mature after five years.
Senior Citizen Saving Scheme (Post Office schemes for senior citizen saving)
This is the best scheme of post office. The interest of this scheme is the highest. At present the government is giving the highest interest of 8.2 percent on this scheme. To avail the benefit of this scheme, your age should be more than 60. Apart from this, retired people above 55 years of age and below 60 years can also invest in this scheme, however such people will have to invest in this scheme within 1 month of receiving their retirement benefits.
You can invest a minimum of Rs 1000 and a maximum of Rs 30 lakh in this scheme. This account matures after 5 years. However, you can also increase it.
Apart from this, you can also earn good returns by investing in Kisan Vikas Patra (7.5 percent interest), Mahila Samman Saving Certificate (7.5 percent interest), Public Provident Fund (7.1 percent interest).
