Best Investment Options in India

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Investments are a way to safe guard your money from being spent unnecessarily. It is also a method to save the money for future use when you may need it most. But it is imperative to know where to invest so that your money grows.

Top Places to Invest in India:

If you have a steady source of income, then investing in India is not a problem. There are various investment options available to the common man.

PPF or Public Provident Fund: This is available in government banks only and you can deposit a maximum of Rs. 60,000 each year. You will receive an interest rate of 9% and it is not taxable. However you cannot withdraw the money on your whim. You can take a withdraw a part of the money in the form of a loan. But you must repay it in time. This process has been implemented so that your savings increase.

National Savings Certificates: They are 6 year long investments and you can invest as low as Rs.100 to with no upper limit. There is a tax deduction of Rs. 1 lakh on the NCS returns.

Fixed Deposits: There are several FD plans available in various banks. Research well before you decide which one to go for. This also seals your money for a few years so that you are able to get a good amount later.

Gold and real estate investment: You can buy gold bars, coins or even gold units and save it to sell later. This is one investment that will never fail to grow in profit. The same goes for real estate. But the money involved in this case is much more.

Stock investment: To many people, the stock market means an easy and fast way to make money. But for that you need to pay close attention to the market.

Investment in India has a lot of faces. You need to find the one that suits you most.

Benefits of Investment:

Investment is not just about stashing money for retirement; it is to make sure that you have money available when you need it the most. There may be an accident, a financial emergency, a sudden death or even a sudden loan. Investment makes sure you have the money in these emergencies. It also helps you to manage your finances and inculcate the sense of saving money. Once you know how to invest for profit, you will be able to increase you bank balance.

Investing in places that will profit you is something that needs research. So you need to be aware to profit from investment.

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