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Top 3 Government Investment Schemes In India

Updated On Jan 18, 2022

The investment scheme plans launched by the Indian Government are risk-free, thereby helping to ensure peace of mind. They are available through banks, post offices, and other financial institutions that cater to the requirements of investors. Some of them even provide tax benefits which will help save more money. It is wise for investors to evaluate schemes properly to gain more ideas in advance. Not only that, they even show methods to explore the options available in the markets with ease.

List of Best Government Investment Schemes in India 

Here's a list of the best government schemes in India: 

1. Sukanya Samriddhi Yojana (SSY)

Sukanya Samriddhi Yojana, shortly known as SSY, is one of the best investment plans for parents of a girl child in India. Launched in 2015, the scheme aims at uplifting the life of a girl child that will help gain more advantages. The minimum amount to invest for this scheme is Rs. 1000, and the maximum amount is Rs. 1.5 lakhs per annum. It has been active for 21 years, and parents can open an account in a girl’s name until she attains 10 years. 

2. National Pension Scheme (NPS)

A national pension scheme is open to all government employees in India. The scheme is one of the top investment plans available for living independently after retirement. Investors can even allocate the funds in equities and government securities based on their choices. In addition, investments made up to Rs. 50,000 are eligible for tax deductions under the income tax act. 

3. Prime Minister Vaya Vandana Yojana (PMVVY)

Prime minister Vaya Vandana Yojana, shortly known as PMVVY, is a retirement cum pension plan for senior citizens above 60 years. The scheme provides a regular fixed sum with an interest rate of 8% to 8.3% for 10 years. It offers a monthly pension of Rs. 1000 after purchasing a price of Rs. 1.5 lakhs. Furthermore, the plan provides a monthly pension of Rs. 10,000 after buying a maximum price of Rs. 15 lakhs. The scheme offers a loan of up to 75% of the purchase price. Investors can appoint nominees for this scheme within the policy terms when they pass away. 

4. Atal Pension Yojana (APY)

Atal Pension Yojana, shortly known as APY, is a social security scheme offered by the Indian Government for people who work in the unorganized sectors. The plan is the best option for economically weaker sections that give ways to select a pension plan for a better future. It is one of the best investment plans in India for citizens within the age group 18-40. Investors will get a guaranteed pension amount ranging from Rs. 1000 to Rs. 5000 based on the tenure and investment amount.

5. Pradhan Mantri Jan Dhan Yojana (PMJDY)

Pradhan Mantri Jan Dhan Yojana, shortly known as PMJDY, aims at providing financial services and products for individuals who don’t have a bank account. The minimum age to open an account is 18 years and 10 years for minors. It is a zero balance account that satisfies the requirements of individuals. Additionally, the savings account offers an overdraft facility based on bank transactions and operations. 


Short-term or long-term Investment plans allow people to generate high returns that will help improve their financial positions significantly. However, it is wise to choose them carefully to avoid huge losses and other problems. When choosing a scheme, investors should know the risks in detail to maximize the returns.

Also read- How To Build An Investment Plan That Works For You?

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Disclaimer: This article is issued in the general public interest and meant for general information purposes only. Readers are advised not to rely on the contents of the article as conclusive in nature and should research further or consult an expert in this regard.

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