Investment Plans: In today’s time, every person invests for financial security keeping in mind his future. People are especially investing in the name of their wife so that their future can be financially secure. With this investment, people plan in advance to spend their old age comfortably with their wife. So now if you are also planning to invest in the name of your wife, then there are many options available for you in the market. But we will tell you 4 such best investment options which you can choose to invest for your wife.
Joint Home Loan
If you are taking a joint home loan with your wife, you will get double the benefit. You can get tax benefits from this. With a joint home loan, you and your wife can easily get the tax benefit. However, there is a condition for this, that is, both the applicants paying the home loan should be equal owners of the property.
Post Office MIS Scheme
Apart from banks and stock market, post office schemes can also be considered as an option for investment in wife’s name. You can earn profit by opening an account in post office MIS in wife’s name or with wife. A return of up to 7.4 percent can be obtained in this special scheme. If you open an account in wife’s name, then Rs 9,00,000 can be deposited in the account. A maximum of Rs 15,00,000 can be invested in a joint account. However, in this account, you can get the benefit of higher interest in a joint account with wife.
Mutual Fund SIP
If you are planning to invest in the name of your wife, then you can invest in SIP in mutual funds. By getting high returns in this, you can create a good fund. If you invest Rs 12,000 every month for 20 years, you can get a return of up to 12 percent and then after 20 years your wife will have more than 1.5 crore funds. After 20 years, your wife will have a fund of about Rs 1,83,97,147.
Mahila Samman Savings Certificate Scheme
Mahila Samman Savings Certificate Scheme is quite famous among women. By investing in this scheme, you completely secure the future of your wife, therefore it is considered an excellent investment option. If you invest in this scheme in the name of your wife for two years, then you can get a tremendous return of about 7.5 percent every year. You can invest up to a maximum of 2 lakh rupees in this.
Desclaimer: For any financial invest anywhere on your own responsibility, Times Bull will not be responsible for it.