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.