Which saving scheme is best in Post Office 2020?
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Which saving scheme is best in Post Office 2020?
Post Office Schemes Senior Citizen savings ppf nsc Sukanya Samriddhi Kisan Vikas Patra Interest Rate.
Which scheme is best in Post Office 2021?
Post Office Savings Scheme 2021: If an individual is planning to make an investment must be aware of the 15-year Public Provident Fund Account (PPF) at India Post. One can get a good return on this scheme as it offers 7.1 per cent interest per annum (compounded yearly).
Which saving scheme has highest interest rate?
Best Saving Plans
| Savings Plans | Current Interest Rate |
|---|---|
| Public Provident Fund (PPF) | 7.1\% |
| KVP (Kisan Vikas Patra) | 7.6\% |
| Sukanya Samriddhi Yojana (SSY) | 7.6\% |
| Atal Pension Yojana | N/A |
What is the highest rate of interest in post office?
6.70\%
Currently, the highest interest rate offered by post office fixed deposit is 6.70\% for 5 years’ tenure. The minimum amount required to open a Post office FD account is Rs. 200.
Which scheme is best in post office for senior citizens?
Post Office Interest Rates for Senior Citizens
| Post Office Senior Citizen Saving Scheme | Interest Rate |
|---|---|
| Post Office Monthly Income Scheme (MIS) | 7.6\% per year payable monthly |
| Sukanya Samriddhi Yojana (SSY) | 8.4\% per annum compounded annually |
| Post Office Savings Bank Account | 4\% per annum |
Which government scheme is best for investment?
If you are looking forward to Investing in some lucrative government-based scheme for investment, here are some of the top options to explore.
- Sukanya Samriddhi Yojana (SSY)
- National Pension Scheme (NPS)
- Public Provident Fund (PPF)
- National Savings Certificate (NSC)
- Atal Pension Yojana (APY)
Which is best PPF or KVP?
In other words, anyone looking for an investment that offers long-term stability and minimum risk retention should opt for KVP. On the other hand, if you prefer flexibility and higher returns, then you should opt for PPF. Furthermore, an investor can double his amount within nine years and five months.