Sukanya Samriddhi Yojana
• It is a small scale social security schemes for your daughter’s education and marriage. It’s a part of government’s ‘Beti Bachao and Beti Padhao mission’. The scheme is suitable for every parent with a girl child with the aim of channelizing savings for their education and marriage.
• Eligibility– Suitable for your daughter up to 10 years of age.
• Annual contribution ranges from a minimum of Rs.1000 to a maximum of Rs.150000.
• Benefits– Provides an annualized return of 8.1%
. National Pension Scheme
• It’s a voluntary pension scheme introduced with an aim of fulfilling retirement needs. It is regulated by the Pension Fund Regulatory & Development Authority (PFRDA) which provides the tax benefits for investment up to Rs.50,000 under section 80CCD in addition to Rs.150000 under section 80C. Hence, your total annual deduction comes to Rs 200000.
• Eligibility- Suitable for individuals between 18 to 60 years of age
• The minimum contribution is Rs.1000 while there is no cap on the maximum contribution.
• Also offers tax benefits.

Pradhan Mantri Jan Dhan Yojana
• These social security schemes is suitable for the economically weaker sections of the society who do not even have a bank account. Pradhan Mantri Jan Dhan Yojana offers basic financial services like a Savings Account, Deposit Account, Insurance, Pension, Remittances etc.
• Eligibility- Suitable for individuals working in an unorganized sector.
• There are no minimum and maximum contributions for this scheme.
• Benefits- It provides zero balance savings account, debit card facility and accident and life cover of Rs.100000 and Rs.30000 respectively.

Public Provident Fund (PPF)
• It’s a government-backed long-term social security schemes which aims to benefit self-employed people to save for their retirement. It offers tax benefit under 80C of the Income-Tax Act and provides a tax-free return on maturity.
• Eligibility- Any adult can open the account on his or her own name or on behalf of a minor.
• Annual contribution ranges from a minimum contribution of Rs.500 to a maximum of Rs.1,50,000.
• Benefits– Tax-free interest on maturity and provides an annualized return of 7.6%
National Savings Certificate (NSC)
• National Savings Certificate is a small scale social security schemes and tax savings investment in India. It is a government savings bond issued for a time period of five and ten years and is very popular among the rural people. One can purchase this bond from any Post Office in India and can be kept as collateral security to get a loan from banks.
• Suitable for Government employees, Businessmen and other salaried classes who are Income Tax assesses.
• Eligibility- Any adult can open the account on his or her own name or on behalf of the minor.
• Minimum investment can be Rs.100 and investment up to Rs.1,00,000/- per annum qualifies for IT Rebate under section 80C
• Benefits- Provides annualized return of 7.6% and qualifies for IT rebate under 80C.
Atal Pension Yojana
• Atal Pension Yojana, a government backed social security schemes intended to provide pension benefits with a minimum contribution per month. This scheme is targeted to the unorganised sector and provides pension benefits with a minimum contribution per month.
• Eligibility- Suitable for all individuals between 18 to 40 years of age
• For a monthly pension of Rs.1,000, an 18-year-old will have to contribute Rs.42 per month for 42 years while a 40-year-old subscriber will have to invest Rs.291 per month for 20 years
• Benefits- Provides fixed monthly pension between Rs 1000 to Rs 5000 post retirement.
Pradhan Mantri Jeevan Jyoti Bima Yojana
• It is a life insurance scheme backed by the Government of India. It was introduced in the 2015 budget by our finance minister, Arun Jaitley.
• It’s for an individual who is the sole earning member of the family and have dependents under him/her
• Eligibility- Anybody who has a bank account and falls under the age group between 18 to 50 years can avail the scheme
• The premium is Rs 330 every year
• Benefits- It ensures a term insurance cover of Rs 200000 to the dependants in case of the policyholder’s death.

Leave a Reply


Purefit Keto ACV Gummies – Pills To Burn Fat & Boost Energy Level!

Purefit Keto ACV Gummies ✔Item Name – Purefit Keto ACV Gummies ✔Classification – Wellbeing ✔Secondary effects – NA ✔Accessibility – On the web ✔Rating – ★★★★★ ✔️Cost (available to be purchased) Purchase Now Here — Purefit Keto ACV Gummies (Click HERE)       Purefit Keto ACV Gummies is a characteristic, non-GMO keto supplement that helps your body enter ketosis […]

Read More

MaleBoost Male Enhancement Boost Sex Drive | Improve Energy Naturally And More[Get 100% Genuine Result](Authentic Or Spurious)

MaleBoost Male Enhancement Model Name – Enhance Sex Drive & Libido (Pure Form Ingredients) Treatment – Sexual Health Quantity – 60 Capsule Benefits – Improved stamina & energy levels & reduced stress levels. Results – In 1-2 Months Customer Reviews – 5/5 Refund Policy – 60-Day Money-Back Policy Where to Buy Online – Male Boost […]

Read More

How do I change an image to a PDF file explain?

There are many manual methods available on the internet for easy conversion of image files to PDFs, which have a high risk of data loss. Hence, as a periodic user, I would recommend the professional and reliable PDFchamp image to PDF converter tool. This utility helps in converting multiple image files to PDF hassle-free. It […]

Read More