Post Office Best Scheme: Save only Rs 100 and get millions of rupees, this post office scheme is the best way to invest.
It is not necessary to have a large amount to start investing. You can start from Rs 100 and deposit a large amount for your need. The government is running many such schemes for small investors across the country for their future needs. In which return can be easily obtained by investing and guarantee. We are going to tell you about the major investment options of AV.
Sukanya Samrudhi Yojana for daughter
The Sukanya Samrudhi Yojana launched by the government is one of the best investment schemes. It can be opened in the name of daughters under 10 years of age. A maximum of Rs 1.5 lakh can be deposited under Sukanya Samrudhi Yojana in the current financial year. You can start investing in it from just Rs 250. So you can start investing from Rs 100 in Dakar Recurring Deposit i.e. RD.
Small savings plans at the post office
- Public Provident Fund (PF) 7.10%
- Sukanya Samrudhi Yojana (SSY) 7.60
- Kisan Vikas Patra (KVP) 6.9%
- National Savings Certificate (NSC) 6.8%
- Post Office Monthly Income Scheme (POMIS) 6.6%
- Post Office Savings Account 4%
- Post Office Time Deposit Account (5 years) 6.7%
- Five year post office recurring deposit Five year post office recurring deposit
- Five Year Post Office Recurring Deposit 7.4%
- 1.5 lakh tax exemption on PPF investment
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Public Provident Fund (PPF) is the best plan to invest. This is a 15 year plan. Where you can build a large cell for the punishment of your own child. It is getting a spot interest rate of 7.10 per cent. The interest earned by investors is completely tax free. Apart from that, under Section 80C of the Income Act, you get a tax deduction of Rs 1.5 lakh. Overall this is an attractive investment plan.
Senior Citizen Savings Scheme
The post office also offers special facilities to senior citizens. The interest rate under this scheme is 7.4 per cent. The scheme was started to benefit people aged 60 and above. Investments are made for five years under this scheme. You can deposit a minimum of Rs 1,000 and invest a maximum of Rs 15 lakh. Investment is tax deductible under the Senior Citizen Savings Scheme.