Post office schemes are considered important for those who prefer traditional investments and start taking a long-term view.
Investing in this is considered to be such a safe way. With the help of which you can take advantage of securing the future of you and your family. Post office schemes have to be invested for a long period of time.
More profits have started coming in the stock market, but there the risk is also increasing very much. In such a situation, you can take advantage of investing in the post office as a means of earning profits without any risk.
Zero risk investment
If you are thinking of investing after taking a risk, then according to this there are many types of investment options that you can take advantage of. Like mutual funds, but if you are looking for a safe and zero-risk investment, then post office savings schemes (Kisan Vikas Patra) are considered to be a better option.
Government guarantee starts on post office schemes, so there is no risk factor in it at all. Along with this a guaranteed return on investment is also being given. Here we are going to give you information about one such post office scheme. Whose name is – Kisan Vikas Patra.
You will get the benefit of unlimited investment.
If you talk about Kisan Vikas Patra Certificate of Rs 1,000, then you can take advantage of buying it with minimum investment. There is no maximum limit for investment in this scheme. That is, you can take advantage of this scheme by putting money as much as you want. This scheme was started in 1988.
PAN and Aadhaar are required
Talking about this particular scheme, no investment limit has been kept, the risk of money laundering also starts forming. Therefore, in 2014, the government has announced to make PAN card mandatory for investments above Rs 50,000.
If someone wants to take advantage of investing 10 lakhs or more, then income proof is also required to be submitted. For example, ITR, salary slip and bank statement etc. have to be given. Apart from this, you also have to submit your identity card.
