Best Saving Plans in India 2022
To encourage investors to make larger investments and receive higher returns, the government, financial institutions, and banks provide a variety of savings plans. It goes without saying that you should consider the advantages and disadvantages of your investment possibilities before making a decision and make a plan appropriately. Here are the top 10 savings plans for 2022 that will assist you in setting aside money for your future needs if you are considering investing in one.
Best Saving Plans
The following are the 10 best savings plans to invest in 2022.
- National Savings Certificate
- Senior Citizen Savings Scheme
- Recurring Deposits
- Post Office Monthly Income Scheme (MIS)
- Public Provident Fund (PPF)
- KVP (Kisan Vikas Patra)
- Sukanya Samriddhi Yojana (SSY)
- Atal Pension Yojana
- Employee Provident Fund (EPF)
- Pradhan Mantri Jan Dhan Yojana
| Savings Plans | Current Interest Rate |
| National Savings Certificate | 7.9% |
| Senior Citizen Savings Scheme | 8.5% |
| Recurring Deposits | 6-7% |
| Post Office Monthly Income Scheme (MIS) | 6.6% |
| Public Provident Fund (PPF) | 7.1% |
| KVP (Kisan Vikas Patra) | 7.6% |
| Sukanya Samriddhi Yojana (SSY) | 7.6% |
| Atal Pension Yojana | N/A |
| Employee Provident Fund (EPF) | 8.6% |
| Pradhan Mantri Jan Dhan Yojana | 2% above base rate not exceeding 12% |
If You need more details on each plan, kindly visit this Blog
