Post Office Schemes for Women: Many types of savings schemes are run by the Post Office, i.e. the Indian Post Office. These include various schemes for children, youth and the elderly. People can invest in many of these schemes and avail good returns.
Women mostly look for investment options where they get better returns and their money is also safe. You can get many such options in the post office. There are many such schemes in the post office which can give very good returns. Here know about those 5 schemes which are considered best for women in terms of investment. By investing in these, women can not only get the best returns. But they also get tax exemption.
PPF Investment
Public Provident Fund Scheme (PPF) is a long term savings scheme in which women can secure their future by investing. Under this scheme, the government is currently offering 7.1 percent interest rate on deposits. If you invest Rs 1 lakh every year for 15 years, then on maturity you will get an amount of about Rs 31 lakh.
Sukanya Samriddhi Yojana
Sukanya Samriddhi Yojana is a scheme of the post office which has been launched especially for girls. Under this scheme, you can open an account in the name of a girl child up to 10 years of age. In this account, you can invest a maximum of Rs 250 to Rs 1.5 lakh. Currently, the government is offering 8.2% interest rate on deposits under this scheme.
National Savings Certificate
National Savings Certificate can also be a better investment option for women. Under this scheme, you can invest from Rs 1000 to any amount you want. The benefit of interest rate of 7.7 percent is being given on the deposit amount. The total duration of this scheme is 5 years.
Time Deposit Scheme
Post Office Time Deposit Scheme is also a good investment option for women. Under this scheme, you can deposit a fixed amount in the account every month. The post office is offering 7.5 percent interest rate on a period of 5 years.
Mahila Samman Bachat Yojana
Mahila Samman Bachat Yojana is a scheme launched by the government which is specially designed for women. Under this scheme, women can invest up to Rs 2 lakh and get up to 7.5 percent interest on the deposit amount. The total tenure of this scheme is two years.
