We all want to get decent returns from investing our money, which is why we put our money into numerous locations. The Modi government has enacted numerous schemes to ensure that we can earn higher returns. There are numerous schemes in which you can earn more yields than FD. We will talk about schemes offered by the Modi government. In these schemes, you can get higher returns when you invest. This is a part of many schemes such as PPF as well as Sukanya Samriddhi Yojana.
Public Provident Fund (PPF)
If you want to earn more, you should put your funds in Public Provident Fund because you will earn higher returns through this plan. You get upwards of 7.1 percent returns through investing in this investment fund.
Sukanya Samriddhi Yojana
The benefit of this scheme is your daughter’s wedding and studies. If you are looking to save money for your daughter. This plan is the best for you. You can put as much as 1.5 lakhs in this scheme. This means you will earn higher returns on your deposit amount. In this case, you can earn the possibility of earning up to 7.6 percent return on the investment. You can also take the whole amount after your daughter has reached the age of 21.
Mahila Samman Saving Certificate Scheme
This plan is specifically designed for girls or women and is a tiny scheme, and you are able to invest for 2 years. This gives you the benefit in the amount of 7.5 percent.
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