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Best Government Investment Schemes in India to Get High Returns

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Government Investment Schemes

To uplift the income and financial situation of the citizens, the government keeps introducing different investment schemes in the country. These government investment schemes are available to males, women, working people, the business class, rural and urban communities, and so on. However, it is up to the citizen to compare different plans and opt for the one that perfectly matches their needs so that they can enhance their cash flow to a greater extent. Let’s look at some of the best government investment schemes that will help your money grow.

Best Government Investment Schemes That You Can Invest in 2023

There are many government investment schemes in India. Here is a brief explanation of some popular schemes offered by the government. Let’s learn about them to choose the best for your goal.

1. Pradhan Mantri Jan Dhan Yojana (PMJDY)

Pradhan Mantri Jan Dhan Yojana was launched to provide basic banking services like a savings account, deposit account, insurance, and pension to Indian citizens. The government aims to provide these financial services to the poor and needy section of society.

Basic Information of PMJDY:-

  • Minimum age to open an account:- Minimum age limit in the scheme is 10 years as a minor. Otherwise, any Indian resident over the age of 18 can open an account.
  • Interest rate:- It depends on the interest rate of the savings account.
  • Minimum Balance:- Open with zero balance account.
  • Exit Age:- An Individual can only exit this scheme after reaching the age of 60 years.

This savings account offers an overdraft facility as per bank transactions and operations.

2. Atal Pension Yojana (APY)

The Indian government implemented a social security system known as Atal Pension Yojana, or APY, for employees in the unorganised sector. It was created to persuade people from disadvantaged backgrounds to pick a pension that would benefit them in their old age. Anyone who works for themselves is eligible to participate in this programme.

Basic information about APY:-

  • Pension Amount:- Up to Rs 5000.
  • Age limit:- From 18 years to 40 years.
  • Contribution Period:- Minimum 20 years.
  • Exit age:- 60 years.

The policyholder will receive a guaranteed pension in the range of 1000 to 5000 rupees as per the duration of the plan and the Amount invested.

3. National Savings Certificate Scheme (NSC)

The government of India launches the National Saving Certificate scheme to promote the habit of saving among Indians. Another one of the best government investment schemes that offers significant returns is NSC. It facilitates a fixed income and definite returns to generate the best revenues.

Basic Information of NSC:-

  • Minimum age limit to open the account:- 18 years.
  • The minimum investment is Rs. 1000.
  • There is no maximum investment amount.
  • Interest rate:- 6.8%.
  • Lock in Tenure:- 5 years.
  • Tax benefits:- Up to 1.5 Lakhs ( as per section 80C of income tax)
  • Exit Age:- 60 Years.

This programme is one of the greatest government investment schemes since it is somewhat less hazardous and interest rates are updated every three months.

4. Public Provident Fund (PPF)

One of the first government-sponsored retirement plans is PPF. In this scheme, the Amount invested, the interest earned and the Amount withdrawn are all exempted from tax. Thus the Public Provident Fund is safe and can help you save taxes at the same time.

Basic information on PPF:-

  • There is no minimum age requirement for opening an account; however, minors must have their guardian or parents manage their finances until they reach the age of 18.
  • Tenure:- 15 Years.
  • Interest rate:- 7.1% (Currently, it keeps changing).
  • Minimum Amount to Invest:- 500 Rupees.
  • Maximum Amount to invest:- 1.5 Lakh
  • Maturity Amount:- Mostly depends on the Tenure of the investment

Also, just like in mutual funds SIP, you can divide your PPF investment into a maximum of 12 instalments.

5. Sovereign Gold Bonds

One of the best government investment programmes launched in 2015 is this. Sovereign Gold Bonds are a better alternative to real gold holdings. When purchasing sovereign gold bonds, which offer an alternative way for investors to acquire genuine gold, the investor receives the current market price at the time of redemption or early redemption. Investors are guaranteed the market value of gold at maturity and monthly interest.

Basic Information of SGB:-

  • Eligibility: The bonds are only available for purchase by Indian entities like individuals, minors, trusts, universities, and charitable organisations.
  • Denomination: The bonds will be denominated in one gram of gold and multiples of that amount.
  • Minimum Subscription Limit:- Minimum permissible investment will be 1 gram of gold.
  • Maximum subscription limit:- The maximum subscription limit for individuals is 4 kilograms, 4 kg for Hindu Undivided Family (HUF), and 20 kg for trusts and similar entities as declared by the government.
  • Interest rate:-  The rate set by the RBI at the time each tranche is launched will be used to calculate the interest that investors will earn on their initial investment.
  • Tenure:- The bond will have an 8-year term with an exit option exercisable on interest payment dates beginning in the fifth year.


The Indian government has made many good investment plans available for the citizens. There are many government investment schemes for senior citizens, children, womens and people working in unorganised sectors. Now you can check the above schemes and choose the one that suits you best.


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