Best Financial Scheme: Do you know any investment schemes under Rs.500? | Telugu News

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Best Financial Scheme Do You Know Any Investment Schemes Under Rs 500

Best Financial Scheme: Money can change a person's life. Keeping cash available for necessities is essential to keep life from falling apart. But apart from the daily expenses, if you don't want to have any difficulty in the future, you should save a lot. But if you invest according to a plan, you will get good profits. Nowadays new schemes are available to increase wealth. By making investments according to these needs, any future needs will be met. But even with the smallest investment, if you take a long term, you will get more than expected profits. Even if you invest less than Rs.500, there are schemes that give good results. What are such schemes?

In today's times the costs are increasing exponentially. This makes it difficult to save money. At times like this, investing according to a plan will yield good returns. Especially long-term investments are useful for future needs. Schemes like PPF and Sukanya Samriddhi are the main ones. There is an opportunity to invest a small amount in these.

Recurring Deposit (RD):
This is a post office scheme in which you can invest even from Rs.100. Investment should be done for up to 5 years. 6.7 percent interest will be earned during this period. 35,681 returns in five years. But Rs. You can invest more than 100.

Sukanya Samriddhi Yojana:
Investment can be made from Rs.250 in this scheme introduced for the future of girls. It earns 8.2 interest. This investment has to be done for 15 years. These are paid after 21 years giving a gap of 5 years. So 21 years will get Rs.2,77,103 income. But a maximum of Rs 1.5 lakh can be invested in this.

Public Provident Fund (PPF):
In this you can invest in long term. You can invest from Rs.500 to Rs.50 lakh. This should be paid monthly for a total of 15 years. After that it can be extended for another 5 years. 6,000 per year.. for 15 years at 7.1 percent interest plus Rs. 1,62,728 comes. If extended for another 5 years after that, the return will be Rs.2,66,332 lakhs.

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