Super hit savings schemes for women, you will get tremendous returns on low investment, open account today itself – ..

News India Live, Digital Desk: In today’s time, women are progressing in every field, and investing their hard-earned money in the right place is very important for their financial future. Some such savings schemes have been introduced by the Government of India especially for women, in which the risk is negligible and the returns are much better than the ordinary savings account or FD of the bank.

Mahila Samman Savings Certificate (MSSC)

This scheme of the Central Government has been started especially for women and girls. You can invest in this for 2 years.

Interest Rate: in this plan 7.5% A fixed interest rate of Rs.

input range: You can deposit a minimum of Rs 1,000 to a maximum of Rs 2 lakh.

Benefit: It is best for women who want safe investment for short term.

Sukanya Samriddhi Yojana (SSY)

If you want to raise funds for your daughter’s future (education or marriage), this is the most popular scheme.

Interest Rate: currently in 8.2% Excellent interest is available upto Rs.

Tax exemption: By investing in this, tax benefit is also available under Section 80C of Income Tax.

How to open an account: This account can be opened in the name of the daughter by going to any post office or bank.

Public Provident Fund (PPF)

PPF is a safe option for retirement planning or long-term savings.

Security: This is a completely government guaranteed scheme.

Interest: annually in this 7.1% You get interest close to Rs. 1000, which is compounded on the basis of compounding.

Duration: Its maturity is 15 years, which can also be extended further.

Post Office Monthly Income Scheme (POMIS)

This is a great option for women who want to receive a fixed amount every month (like a pension) on their investments.

In this, interest is paid every month on depositing lump sum money.

Its current interest rate 7.4% Is around.

Keep these things in mind before starting investment

Understand your needs before investing money in any scheme. If you are looking for short term goals, then Mahila Samman Savings Patra is good, but for long term, Sukanya Samriddhi or PPF proves to be more beneficial. You can easily open these accounts by going to the nearest bank or post office with your Aadhar card, PAN card and photograph.