Post Office  

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.

Jeevan Tarun Policy has been designed to cater to the long-term financial needs of children. This policy offers a combination of life insurance coverage and investment savings, ensuring financial security and growth for your child’s future.

Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) is one the most affordable insurance policies available. Under this scheme, in the event of the policyholder’s demise, the nominee or family receives a sum of Rs 2 lakh.

For protecting your financial well-being, it is crucial to educate yourself about financial markets, and economic trends. Start by acquainting yourself about various investment schemes and embark on a fulfilling journey.

Kisan Vikas Patra scheme offered by Post Office is a profitable investment choice for customers. With this scheme, your investment doubles in 115 months. Customers can open an account and start with investments of Rs 1000.

Post Office Monthly Income Scheme offers a monthly interest rate of 7.4 percent on the deposits. It ensures financial stability in old age, empowering investors to remain independent in times of need.  

From stock markets to real estate, a diverse portfolio can help you benefit in the long term. Educate yourself about various investments opportunities and get ahead of the crowd.

Investments in LIC Kanyadan Policy ensures efficient planning for your daughter’s wedding. You can start by depositing Rs 121 daily, and after a maturity period of 25 years, you will receive approximately Rs 27 lakh.

Investing in Green FD contributes to environmental conservation efforts. The funds deposited in the Green FD are directed towards projects dedicated to environmental protection.

PPF Scheme is a great investment opportunity if you’re just embarking on your investment journey. The investment amount ranges from a minimum of Rs 500 to Rs 1.50 lakh.

Post Office Senior Citizen Saving Scheme gives you the opportunity to find financial independence in your old age without having to depend on others for support. The scheme offers an interest rate of 8.2 percent for 5 years.