Government Investment Schemes: Governments of different states of the country are running many types of government schemes for the women of the country. In many of these states, there are schemes to provide direct economic benefits to women. Like Ladli Brahmin Yojana in Madhya Pradesh, Majhi Ladki Bahin Yojana in Maharashtra, Chief Minister Mahila Samman Yojana of Delhi, Maniya Samman Yojana of Jharkhand and Subhadra scheme of Odisha government.
In these schemes, the state government gives a certain amount to the women of the state. If women want, they can invest this amount in government savings schemes and become millionaires. Let us tell you how women can collect funds worth lakhs for themselves by investing in government schemes.
You can invest in PPF
PPF i.e. Public Provident Fund is a good scheme for investment. Women who receive financial assistance from the government. Those women can collect lakhs of rupees for themselves by investing in this. All women can open their account and start investing in PF. A minimum of Rs 500 and a maximum of Rs 1.5 lakh can be invested annually in this scheme. In this, interest is available at the rate of 7.1%. This can prove to be an excellent and safe investment plan for the long term.
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Mahila Samman Savings Certificate Scheme
This investment scheme is proving to be very effective for women these days. Many women are opening accounts and investing in this. The best thing about this scheme is that it is for a very short period. In this, investment is made for up to 2 years. The investment in this scheme can range from Rs 1000 to Rs 200,000. In this, an annual return of 7.5% is available on the amount deposited. Which is more than the FD of many banks.
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LICโs Aadharshila Policy
Women can also invest in LICโs Aadharshila policy. This can also prove to be a great investment option. Women between 8 years to 55 years can invest in this. Investments are made in this scheme for 10 years and up to 20 years. In which women can also invest Rs 29 daily. At the rate of Rs 29, 899 every month, Rs 2,15,760 will be invested in 20 years and on maturity of the policy, Rs 3,97,000 will be received.