Government Saving Schemes in India

1️⃣ Public Provident Fund (PPF) 🔹 Interest Rate: 7.1% 🔹 Tenure: 15 years 🔹 Benefits: Tax-free returns, safe, long-term wealth creation 2️⃣ Sukanya Samriddhi Yojana (SSY) 🔹 Interest Rate: 8.2% 🔹 Tenure: Until girl turns 21 🔹 Benefits: For girl child, highest interest, tax-free 3️⃣ Senior Citizens Savings Scheme (SCSS) 🔹 Interest Rate: 8.2% 🔹 Tenure: 5 years 🔹 Benefits: For 60+, regular income, tax benefits 4️⃣ National Savings Certificate (NSC) 🔹 Interest Rate: 7.7% 🔹 Tenure: 5 years 🔹 Benefits: Fixed returns, tax deduction under 80C 5️⃣ Post Office Monthly Income Scheme (POMIS) 🔹 Interest Rate: 7.4% 🔹 Tenure: 5 years 🔹 Benefits: Monthly income, low risk 6️⃣ Kisan Vikas Patra (KVP) 🔹 Interest Rate: 7.5% 🔹 Tenure: ~115 months 🔹 Benefits: Doubles money in ~9.5 years, safe 7️⃣ Atal Pension Yojana (APY) 🔹 Interest Rate: Variable 🔹 Tenure: Till retirement 🔹 Benefits: Monthly pension after 60, for unorganized sector 8️⃣ National Pension Scheme (NPS) 🔹 Interest Rate: Market-linked (8–10%) 🔹 Tenure: Till retirement 🔹 Benefits: Retirement corpus + pension, tax benefits 9️⃣ Sovereign Gold Bonds (SGB) 🔹 Interest Rate: 2.5% + gold price 🔹 Tenure: 8 years 🔹 Benefits: Earn interest + gold price appreciation, tax-free on maturity