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Invest in NSCs with just Rs 100; get assured 6.8% return
Here are all details about one of the safest savings instruments of the country
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Planning to invest in debt instruments? Here’s how much tax efficient they are
Debt instruments are generally considered safer investment options, but offer lower returns
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For safe returns, here are nine instruments offering higher rates than banks
These schemes are backed by the government and offer guaranteed returns
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Money9 Edit | Interest rates on small savings: Leave them untouched
The government should not attempt a reduction in interest rates till the infection goes away and the economy is back on the rails
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Further cut in small saving scheme interest rates will hurt the ordinary saver
A sharp cut in interest rates on small saving schemes will end up punishing the common man. The schemes are generally used by those who are not savvy
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Investment plans you can consider for your child
Pursued diligently, these schemes can build a handsome corpus for your child by the time he/she becomes an adult
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Use Rule of 72 to know how fast your money will double
The Rule of 72 gives an accurate estimation of the doubling time for investment specifically with lower interest rates rather than higher ones
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For fixed investments of 5 years and above, check out these post office schemes
In mid-tenure instruments returns in post office instruments are, in some cases, more than 100 basis points higher than bank deposits of same tenure
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Small savings schemes: Citizens dependent on it are facing a harrowing time
Apart from the savings bank interest rates in post offices, all instruments have suffered a sharp drop in interest rates over the past one decade
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Post office schemes could be best for you. Here’s why..
Many a times we postpone investing plans because we are not able to save much. But this should not come in the way of your investing. Post Office Savi
