Post Office Schemes- If you want to invest in a scheme where you get a fixed income every month after investing once, then today we are going to tell you about a great schemes of the post office. Many people are afraid of the stock market, while some are worried about the falling interest rates of banks. In such a situation, there is an option which is both reliable and safe. If you want to invest on something then this article is made for you.
Sukanya Samriddhi Yojana
If you want to invest for the future of your daughters, then Sukanya Samriddhi Yojana is the best. This scheme is only for girls in which high interest rate is available. Apart from this, tax exemption and long term saving option is also available, which can cover expenses like education and marriage.
POMIS Scheme
If you want a fixed income every month, then Post Office Monthly Income Scheme is a good option. In this, you get money every month in the form of interest on the investment. All these schemes are good. You can choose any of these according to your need and goal.
Senior Citizen Savings Scheme
If you want financial security after retirement, then Senior Citizen Saving Scheme is a good option. It gives interest up to 7.4 percent and also provides tax exemption. Its time limit and investment limit have also been made easy.
NSC
If you are looking for a safe and tax-saving investment, then National Savings Certificate is also a great option. This scheme is for five years and gives an interest of about 7.7 percent. Tax exemption is available on the amount invested and the amount received on maturity is completely guaranteed.
Desclaimer: For any financial invest anywhere on your own responsibility, Times Bull will not be responsible for it.