We can look at the final two important schemes now.
Sukanya Samriddhi Yojana
The government created this scheme specifically for the long-term savings of a girl child, and it currently offers 8.2% interest. You can deposit a minimum of ₹250 and a maximum of ₹1.5 lakh per year. The account matures exactly 21 years after you open it.
5-Year Post Office Time Deposit
The Post Office Time Deposit works as a great alternative if you want to keep your money for a specific period, just like a bank fixed deposit. The 5-year time deposit currently gives you 7.5% interest.
You must note that all 7 schemes offer completely different benefits. The current interest rates remain valid until September 30, 2026, but the government might change them in the next quarter. You should always verify the latest official rates and scheme rules before investing your money.
Read this also: PPF Loan Rules Explained: When Can You Borrow 25% of Your Balance and How to Apply