Saving Certificate- A Guaranteed earning Source

Saving Certificate- A Guaranteed earning Source

NSC or National Saving Certificate  issued or investment option is from Indian Postal Department. NSC is a beneficiary and attractive  medium of investing your hard worked earnings. You can use NSC for Tax saving purpose. You can earn 8 to 9 % in return  in today’s market trend . time to time it may be chaged according to Governments Fiscal policy. Initially it’s term for six years and now it has been increased  to eight years.  But you make opt this investing option as a  trust worth decision because it provided a guaranteed  return in maturity. Be conscious that before maturity you could not getting any additional benefit of return or interest. 

You may opt for Kishan Vikash Patra Certificate or KVPC for a specific period of time with specific rate of interest. Also post office Cumulative Times Deposit ( CTD) and Recurring Deposit ( RD) , Post office Monthly Income Scheme (MIS), Senior Citizen Saving Scheme and others for safe and secure return investment.

All the post office schemes are open to all and you can invest in your own name or spouse or child for their future need  with very easy and less documentation within the same day. It is best and suitable for low and medium income group people to choose these schemes for investment and growth of their money.

Be ready before that you are directly bought these certificates fro post offices. Always avoid agents or frauds for indirect purchase of these certificates. You have to choose that which plan give you maximum benefit like investment and fulfilling your income tax saving benefit. Your money , you invest , so decision is yours , we are just the way providers for growth of yours money.

Public Provident fund- with recurring deposit a high return option

Public Provident fund- with recurring deposit a high return option

  

It is a national scheme in India to invest with a guaranteed return of interest with utmost secure and safe deposit. It is also a good choice to invest in public provident fund because of no risk and high return. Many people also like to invest at a higher rate of deposit in this fund and prosper. Today more celebrities are prefer to invest in this fund.

Investment in public provident fund is also attracts income tax benefit. Though it is in a long term basis it provides a secure and fixed minimum rate of interest.  You can withdraw fund at maturity or after 15 years of term. You can invest maximum upto 70000 rupeees  per year in this fund.

You can take benefit from this fund for loan purpose. By showing your public provident fund  various loan could  be obtained.

You may opt it in recurring every month or yearly. Investment amount also at your choice to a maximum ceiling of 70000 rupees per annum. It gives more than 9 percentage and also hikes from time to time . Hence it could not laid any more pressure for payment installments. Any body you may be adoctor, professional , salaried, farmer, businessman there is no specific categorization . every body is allowed to invest in public provident fund.

This option of investment is quite popular in today in the volatile market. With high return and no risk why  any body feels reluctant to invest. It satisfies the investment and yielding projection and provide a better financial support to the needy. 

Bank Deposit – a Safe and secure

Bank Deposit – a Safe and secure Investing Option

There is no risk at all in Bank deposit. In comparatively though growth rate is low but your saving must get safety and secure growth. Also deposit interest rates also vary from bank to bank. Hence your choice is to invest in which bank. For more returns you may choose fixed  long term deposits. As today it carries more than 9percent per annum interest rate.

Now a days banking agencies makes many times hike in interest rates on fixed deposits to regulate monetary inflations and control. You may also getting tax rebate to a certain limit of your interest earned on fixed deposits. After that slab you may invest your saving in others funds.

If you want you may invest in recurring deposit scheme . but one thing you keep in mind that you loose tax saving  rebate. You also can’t withdraw cash before a stipulated time. But now ome banks offering recurring deposit schemes with same interest rate of fixed deposit for more than 9 percent per annum.

If conditions of bank allow you may take  some loan from bank against your fixed deposits. In some banks separate and special schemes are followed for different categories like women’s and they should take the benefits from the schemes.

In comparing to all the popular saving options like National saving Certificate scheme, post office deposits, public provident fund, life insurance endowments  , fixed deposit schemes in more than 350 or 400 days fetches  9 to 10 percent of interest rates per annum. 

Real Estate – a booming potentiality to Invest

Real Estate – a booming potentiality to Invest

If you want to purchase land or building or flat , you have to pay more down payment and also more maintenance cost have to bear. Without having any risk high return could be expected from investment in real estate. One thing clear that you have to wait for a long time for that.

Option for a flat or building than invest in land is more safe and wise  because at the time of purchase  of a flat you have to see that whether that is private or public, it’s previous owner and occupier , converted to your name or not. All aspect you have to enquiry . you have to investigate all clearance certificate before to proceed because many times this profitable investing option throws you in trouble and loss.  Another thing , over investment is dangerous . you have to judge how much and which area to invest.

If you invest in land you have to foreseen for a future growth . like if you purchase a land for twenty thousand rupees today , you have to dream for twenty lac rupees after five years. But the location of land is a prime and vital factor for its price rise that you must keep in mind before invest.

For Tax saving benefit , invest in real estate  is a good option. But before invest you have to read all ters and conditions vividly. Plan your budget according to your earnings  and forward to invest in real estate. You have to avoid the tendency that all were moving towards for that so as I also. Always purchase land or flat in your own name. if you purchase land in your child’s name you may face problem during sale or mortgage and also loose Tax saving factor.

If you want you may transfer property to your childas a gift to avoid heavy stamp duty. You have to more cautious during property transfer. You avoid to invest all your savings in real estate. You have to keep some money in liquid form in your saving bank to avoid emergency needs.

If you want to  earn from your investment , you may left flat for rent  but you are to see that one or two months bond for rent . also you may put conditions for maintenance and renovation of your property.  

After all invest in real estate is really  a wonderful and high yielding investment option.

GOLD – an warm and excellent investing option

GOLD – an warm and excellent investing option

Since last 30 years price of GOLD material has been raised from two thousand to near about thirty thousand. Day by day it is increasing in demand and price. For predicting to increase in price of gold and gold items people like to buy a little regularly.

Investing in GOLD is a wise and smart decision today because if you want to try for resell it fetches more and ready market. There is no problem to sell gold instantly. Otherwise you can mortgage gold in bank for taking load etc.  It is advised to buy and invest in Gold bars, coins then to Gold items or ornaments because of  loss due to deduction of making charges and processing fees.

Another aspect you have to consider protection and safety  custody of Gold before purchase or invest. HDFC bank, Bank of India, SBI, Punjab National Bank sold Gold coins and biscuits, bars etc.

You may invest in gold  as per yours capacity and became reachy  .

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