Jun 26, 2024
By: Ira Alok Puranik
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Individuals aged 60 and above can invest in SCSS, which offers 8.2% interest p.a. with a minimum amount of Rs 1,000. Interest is credited quarterly.
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Guardians of girls aged below 10 years can open this account in their name. It offers 7.1% interest p.a., credited quarterly. You can make a minimum deposit of Rs 500 and maximum of Rs 1,50,000 in one year.
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The scheme, exclusively for women, offers 7.5% interest p.a. It requires a minimum deposit of Rs 1,000 and a maximum of Rs 2,00,000. You are also eligible for withdrawing 40% of A/C balance after 1 year of opening the A/C
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This post office scheme offers an interest of 7.4% p.a., which is payable monthly. It requires a minimum deposit o Rs 1,00,000. For single A/C holders, the maximum limit is Rs 9,00,000, while for joint accountholders, it is Rs 15,00,000.
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The scheme offers 7.1% interest p.a., which is credited quarterly. One can make a minimum deposit of Rs 500 and a maximum of Rs 1,50,000 in a single year.
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The scheme, which has a 5-year maturity period, is currently offering 7.7% interest p.a. A minimum deposit of Rs 1,000 is needed. There is no cap on maximum deposits.
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