scorecardresearchShould you invest your money in small savings schemes instead of fixed deposits?

Should you invest your money in small savings schemes instead of fixed deposits?

Updated: 12 Jul 2022, 02:11 PM IST
TL;DR.
Small saving schemes offer anywhere between 6 - 7.5 percent interest to investors plus tax benefits. Unlike FDs, these schemes have a lock-in period of 5 to 15 years
Since these schemes are offered by the government agencies, they are of highest credit quality.

Since these schemes are offered by the government agencies, they are of highest credit quality.