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There are no insurance benefits in the Atal Pension Yojana scheme. This scheme is for workers in the unorganized sector (maids, gardeners, drivers, etc). It helps workers to save money for their old age while they are working and guarantees returns for their retirement. The subscriber would have to make monthly contributions towards the scheme depending

APY or Atal Pension Yojana guarantees a return of investment, meaning, upon the death of the policyholder, the beneficiary will get back the paid premiums.  In the Atal Pension Yojana scheme, once the subscriber dies, his/her spouse will receive the exact pension amount. After the death of the subscriber's spouse, the nominee of this account gets a corpus amount.

Atal Pension Yojana scheme is a pension scheme for people working in the unorganized sector. It is better to check the eligibility criteria before subscribing to the scheme

Capital Protection: Unlike other saving schemes such as mutual funds, stocks and securities, Kisan Vikas Patra offers you risk-free returns. The investment amount will not get affected at any cost. Though the interest rate may vary based on the revision, the invested amount remains intact.

There are many post office schemes from which you can take your pick from. According to your requirements, you can choose the scheme of your liking. As all post office schemes are unique, it cannot be said that one scheme stands out from the rest of the schemes. Here are a few post office investment schemes:

Yes, certain Systematic Investment Plans (SIP), such as ELSS schemes can be used as tax saving instruments. SIP allows you to invest regularly on a fixed amount in a mutual fund scheme of your choice.


Having a fixed deposit is a kind of investment that gives you fixed and guaranteed returns. Unlike investing in mutual funds, there is no risk involved in investing in fixed deposits. ICICI Bank provides a deposit option where you can apply for an FD online.

Getting into a saving investment scheme will always help in the long run. Saving up money for future needs is always a necessity because when you are facing off with a financial emergency, it will help you a lot. One such investment scheme is the Post Office Monthly Income Scheme (POMIS) which was introduced by the Indian Postal Service.

ELSS (Equity Linked Savings Scheme) funds are a kind of mutual funds that qualifies for tax deductions under Section 80C of the Income Tax Act. Investing in ELSS brings you better returns compared to other investment schemes in terms of having a minimum period of 3 years of a lock-in period as the returns that are generated are just partially taxable. ELSS is also subject to long-term capital gain tax at 10%.

The first step is to log into the LIC website and select your preferred language. After this, you are required to register as a new user by completing the LIC online registration process. If you do not wish to register yourself, you can continue as unregistered user and make the payment.

Being a long-term saving scheme, an individual can open a PPF account through a post office of any public and private banks recognised by the Government of India. You can open the account with a minimum of Rs. 100. However, you need to deposit a minimum of Rs. 500 in a year and maximum of up to Rs. 1.5 Lakhs.

Public Provident Fund (PPF) is a saving schemes offered by the Government of India. It can be opened through any bank in India. The interest rate on the PPF account is revised every quarter. Generally, the interest rate ranges between 7% to 8%. It has a fixed tenure of 15 years up to which you cannot make any withdrawals. However, there is one exception that partial withdrawal can be made after 7 years of tenure.

To purchase a land, one requires a huge amount. It can also be bought on a loan, but when it comes to investment, paying interest on the loan will nullify the profit. Moreover, the location of the land is an important factor which determines the land value in the future. A land is an appreciating asset, hence investing in a land will be hugely profitable in the long run.

Primarily, one must understand that an insurance is not an investment. Taking an insurance policy purely a personal decision. The main aim of an insurance policy is to provide a financial protection to the family members in the event of death or any other unfortunate incident.

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