How Government Schemes can anchor your wealth

Secure Savings, Insurance & Tax Benefits

3-minute read

In an age of uncertainty, balance is everything. Portfolios built only on high-return instruments often feel like they’re standing on shaky ground.

On a rainy afternoon, Ananya and Priya found themselves talking about exactly this!

On a rainy afternoon, Ananya and Priya found themselves talking about exactly this! Priya:Everything feels volatile these days — markets, jobs, even the news. Ananya:That’s exactly why government schemes in India work. They’re reliable, tax-efficient and easy to enrol in, digitally. Ananya:Take the Public Provident Fund (PPF) for instance. Completely tax-free, with 7.1% annual returns!
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Priya:Yes! One of my friends used her PPF maturity to buy her retirement home outright. No loans, no EMIs! Ananya:Yes and for your little girl Neha, there is the Sukanya Samriddhi Yojana (SSY) which is valid for a girl child below 10 years of age. Sukanya Samriddhi Yojana (SSY) Ananya:At 8.2% interest, there will be a large enough corpus to fund her higher education, when she grows up! Priya(Softly):A fund for my little girl's dreams!
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Ananya:Then there’s something for protection too. The Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) offers a ₹2 lakh Life Cover for just ₹436 a year — the highest Cover to Premium ratio for a life insurance plan! Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) ₹436 a year! We spend more on vegetables every week.
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Ananya:And then there's the Pradhan Mantri Suraksha Bima Yojana (PMSBY). ₹20 a year for Accidental Cover, ₹2 lakh on Accidental Death, ₹1 lakh for Permanent Disability! Pradhan Mantri Suraksha Bima Yojana (PMSBY) Priya:₹20! This scheme has empathy written all over it! Priya:Send me the links! I will sign up & share them with my family & friends, today!

They sat in thoughtful silence sipping their coffee, as they realised....

The smartest investments are not the loudest ones — they are the ones that quietly secure your future.

*Applicable for the months of September/ October/ November with policy coverage from the date of enrolment until May 31 of the policy year.