THESE Post Office schemes offering better returns: Check details
Zee News
Post Office Saving Schemes are higher-yielding investment tools than fixed deposits.
New Delhi: If you invest wisely, your money can increase and provide you with good returns. Fixed deposits are one of the most profitable solutions that spring to mind, and they are popular due to their low risk factor. There are other more schemes that offer a high rate of return with solid and guaranteed returns. Post Office Saving Schemes are one such possibility.
Post Office Saving Schemes are higher-yielding investment tools than fixed deposits. While fixed deposits are secured by banks, the interest rate and tax benefits are not as great as Post Office Saving Schemes.
The government backs the post office programmes, which provide interest rates ranging from 5.5 percent to 7.6 percent. Aside from such appealing interest rates, the Post Office Saving Schemes also minimises tax liability.
If you're interested in these, we've compiled a list of the three finest post office schemes to assure a profitable investment.
Sukanya Samriddhi Yojana (SSY)
