Post office savings account can be opened by any individual. Interest rate is 4 per cent per annum which is lower than other schemes.
PPF is one of the most popular and common investment plans. PPF also gives tax free incomes
When you are investing, here are certain things you need to consider. Look at the Investment Horizons, Liquidity, and Taxation. Here are some of the best safe investment
Having a PPF even gives you benefits under Section 80C. Under Sec 80C of the Income Tax Act, investments up to Rs 1.5 lakhs qualifies for tax rebate.
Here are some great low risk investment choices for senior citizens in India.