20 C
Delhi
- Advertisement -

4 Places Where You Can Invest, Get Up To 7 Percent Returns

Must Read

KKR vs MI IPL 2020: Mumbai Indians Defeats Kolkata Knight Riders By 49 Runs

Mumbai Indians, who began their season with a loss in the IPL 2020, made a spectacular comeback in the second match. Not only this,...

IPL 2020: Chennai Super Kings Won Their First Game Against Mumbai Indians

In the first match of the Indian Premier League 2020 (IPL 2020), Chennai Super Kings defeated Mumbai Indians (CSK beat Mumbai). Chennai Super Kings...

Delhi Schools Will Remain Closed Till October 5th, Online Classes Will Continue

A major and important decision has been taken regarding schools in the national capital Delhi amid increasing cases of corona infection (COVID-19). According to...

IPL 2020: Delhi Capitals Beat Kings XI Punjab In Super Over

In the Indian Premier League (IPL 2020), there are often exciting matches, but the kind of match that happened on Sunday between Kings XI...
- Advertisement -

In the Corona era, people are most concerned about where to invest. Where will you get the best interest? People often compare interest to banks in such cases, but that is not enough. Along with the bank, there are many other places where there is strong interest. Let us tell you today about 4 such places from where you can get up to 7 percent interest (4 places to invest safely and get high-interest rates) even in the corona period.

List Of Places Where You Can Invest

These are the places from which not only guaranteed strong returns but also your money is completely safe.

1. Kisaan Vikas Patra

Interest rates on Kisan Vikas Patra are available at 6.9%. The amount doubles in 124 months according to the current interest rate. Mainly it is a post office scheme, so the calculation of interest rate is quarterly. Meaning the interest rate is fixed every 3 months. The interest rate for the March quarter was 7.7 percent and at that time it was doubling in 112 months. The interest rate was also 7.7 percent in the December 2019 quarter.

2. Post Office Monthly Scheme

If you invest money in the post office monthly scheme, then you will get interest of up to 6.6 percent, which is paid on a monthly basis. If you compare it with banks like HDFC, ICICI, and SBI, then it is up by 1.1 percent. The maximum interest available in these banks is only 5.5 percent. Up to Rs 4.5 lakh can be kept in this account, while the maximum limit in a joint account is up to Rs 9 lakh.

3. National Saving Certificate

It gets very good interest from 5.5 percent of public sector banks. National Savings Certificate offers up to 6.8 percent interest. Apart from this, by investing in National Saving Certificate, you get the benefit of exemption under Section 80C of Income Tax. There is no maximum limit. Its maturity period is 5 years.

4. Saving Account Of IDFC Bank

Right now 7 percent interest is being given by IDFC Bank. If you open a savings account in this, you will get a lot of benefits. Also, tax exemption is also available on saving bank account up to Rs 10 thousand interest. Deposit in this bank is AAA-rated, so it can be considered safe to invest in it. Among banks, IDFC Bank’s savings account is getting the most interest.

- Advertisement -

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

You May Also Like!!

OnePlus 7T Pro Price Reduced, Here’s What It Costs Now

OnePlus 7T Pro price reduced in India. The company has made this phone cheaper by Rs 4,000. Now it can be purchased from Amazon...

Angel Broking IPO Biddings Open: Know Full Details Here

Angel Broking Limited, one of the largest retail broking houses in the country, can apply to the IPO from today. Even before the IPO...

Blue Moon 2020: Blue Moon Will Be Seen Tomorrow, After 19 Years

After the year 2001, there will be a sight of a rare 'Blue Moon' in the sky on the night of 31 October. Just...

CSK vs DC IPL 2020: Delhi Capitals Defeats Chennai Super Kings By 44 Runs

IPL 2020 CSK vs DC Match Highlights: The 7th match of the 13th season of the Indian Premier League was played between Chennai Super...
- Advertisement -