Invest ₹500 every month in PPF. That means you can earn ₹6,000 + interest every year. PPF comes with a lock-in period of 15 years. After 15 years you will have more than ₹1 Lakh (investment + interest) in your account
Invest in this post office scheme and earn interest on your money. The investment period is 5 years and the interest rate is 6.8%. You can also avail of Tax Benefits!
You can open an SSY account in the name of a girl child with only ₹250 and earn interest over time! The investments can be made till the child turns 18.
Enjoy 4% interest on your Post Office Savings Account investments. Stay invested for a long time to turn your ₹500 into ₹1 lakh!
Mutual fund investments have the potential to generate excellent returns on investment. There are funds that have given 10% or more in returns. However, mutual funds are subject to market risks and could be volatile.