Good news for women’s. In current time, post office savings schemes offer many good options for women investors. Investing in these savings schemes not only provides social security to women investors but also gives good returns. Many schemes also get higher returns than banks. Today we are talking about the 5 post office savings schemes, which are best for women.
Post Office Monthly Income Scheme
Post Office Monthly Income Scheme is another good scheme for women. The minimum investment in this scheme is Rs 1000, and it offers an interest rate of 7.4%. This scheme helps in creating a source of regular income.
Mahila Samman Savings Certificate
Mahila Samman Savings Certificate is a special risk-free scheme for women investors. Women of all ages can invest in it. In this scheme, a maximum of 2 lakh rupees can be deposited in an account. Here you get 7.5% interest annually, and after one year you can withdraw 40% of your deposit.
Sukanya Samriddhi Savings Scheme
The Sukanya Samriddhi Savings Scheme is specially designed to secure the future of daughters. Investment in this scheme is made before the age of 10 years. Investing in it fetches an interest rate of 8.2% per annum. After opening the account, it can be run for a maximum of 15 years. The interest rate on Sukanya Samriddhi Yojana is reviewed every three months. Deposits made under this scheme are also exempt from tax under Section 80C.
National Savings Certificate
The National Savings Certificate is a safe and low-risk scheme suitable for all types of investors. The minimum investment is Rs 100, and its maturity period is 5 years. However, from 1st October 2024, deposits in the new NSC will not fetch any interest, but till 30th September 2024, deposits will fetch 7.5% interest.
Post Office PPF Scheme
The Post Office Public Provident Fund (PPF) scheme is an excellent long-term investment scheme. It requires a minimum investment of Rs 500, and the interest rate on it is 7.1%. This scheme is a safe and beneficial option for long-term investors. By investing in all these post-office schemes, women can secure their future and become financially self-sufficient.
