If you invest in these 5 government schemes, you will be rich! Find out how much interest rate you will get

If you want to get good interest along with tax savings, then we are going to tell you about government schemes that are offering interest rates above 7 percent to beat inflation. Let’s know about these schemes.

Senior Citizen Savings Scheme

Senior Citizen Savings Scheme is a great investment option for senior citizens if they want to invest to save tax. In it, the investor gets a return of 8 percent. However, the government has increased its investment limit from 15 lakhs to 30 lakhs.

Kisan Vikas Patra

Kisan Vikas Patra is also a risk free investment option with the post office offering you a cool interest rate of 7.2 percent.

Public Provident Fund

Publit Provident Fund is a very popular small savings scheme under which the investor gets a return of 7.1 percent on compounding basis.

National Savings Scheme

National Savings Scheme is a risk free investment option. In which you are given interest at the rate of 7 percent.

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Sukanya Samriddhi Yojana

If you want to invest for your child’s future then you can invest in Sukanya Samriddhi Yojana. You get 8 percent interest on investing in it.

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