Post Office  

When planning for retirement and aiming to build a significant retirement fund, both the National Pension System (NPS) and Public Provident Fund (PPF) are good investment choices. However, the decision between the two depends on your specific financial goals and preferences.

It is crucial to make smart decisions when it comes to finances. Let’s calculate returns offered by SBI and Post Office to help you find which scheme best suits your needs.

The Post Office Senior Citizen Scheme is a small savings scheme available to investors aged 60 and above. It offers an annual interest rate of 8.2%.

Former CM Ashok Gehlot launched the Mukhyamantri Rajshri Yojana in 2016-17. Under this scheme, girl child in Rajasthan receive Rs. 50,000 for their education from birth to class 12.

Investments are essential for ensuring your bright and stable future. The Post Office offers some of the best investment schemes with low to no risks involved.

Government investment schemes offer tax exemptions and attractive returns. If you want to avoid risks associated with the stock market, these schemes are ideal investment options for you.

Atal Pension Yojana offers benefits of Rs 1000 to 5000 per month during your retirement years. For receiving benefits of Rs 5000 per month, you need to invest Rs 210 per month i.e., Rs 7 daily.

In India, children under five are the target audience for the blue Aadhaar Card. Its blue color makes it stand out from the standard adult white Aadhaar card. 

For securing your future financially, it is essential to start investing today. Investment schemes offered by Post Office are not only reliable, but they are also free of market risks.

Post Office Senior Citizen Savings Scheme is a good investment opportunity for building a retirement fund. It offers an initial investment period of five years.  

To become financially stable and smart, it’s important to cultivate the habit of saving. In your early or mid 20s, start your investment journey to build a substantial retirement fund. 

With a simple investment formula of 18-15-12, you can build a fund of Rs 1 crore in 18 years that will help you secure your child’s future. When your child reaches the age of 18, you will be able to invest in their higher education with no worries.

Atal Pension Yojana is a great opportunity for building a retirement fund as it provides a steady income at old age. Similar to this, there are various investment schemes available that can help you spend your golden years in comfort. Let’s read about some of them.

The central government launched the National Pension System in the year 2004. NPS works as a market-linked scheme and offers advantages of building a retirement fund while also providing pension benefits.

There is nothing more important than doing your own research. Do not follow the herd mentality. Educate yourself before making any SIP investment.