There is danger on investment in share market along with danger on health due to corona. At present, public provident fund and sukanya samridhi account are fantastic alternatives for those investors who want a fixed return. These two schemes are giving the highest interest. There is government guarantee in public provident fund. People also get benefit of tax relief in this fund. According to section 80C of income tax act ,people can take relief in tax liability till 1.5 lakhs. If you are a father and there is a girl in your house,than you can open sukanya samridhi account in her name. The return of 7.6% is received on this account. In this scheme parents need to invest till 14 years. Minimum amount that has to be deposited annualy in sukanya samridhi account is 250 rupees.
The return on a fixed deposit with duration of 1-3 years is 5.5%. The fixed deposit can be made online using net banking. The fixed deposit can also be made offline by visiting the bank. The return on fixed deposits with a duration of 5 years is 6.7%. Kisan Vikas Patra is an old and secure way of investment. Kisan Vikas Patra is available in branches of India post. The return of 6.9 % is available on Kisan Vikas Patra. The amount invested doubles in 124 months(10 years and 4 months). Minimum amount of 1,000 is needed to open account of Kisan Vikas Patra. The amount should be in multiples of hundred. There is no maximum limit. Kisan Vikas Patra will be issued in shape of a passbook. Kisan Vikas Patra can be purchased from any departmental post office. Facility of nomination is available.
https://www.indiapost.gov.in/Financial/Pages/Content/Post-Office-Saving-Schemes.aspx is the link of post office website in which information about various saving schemes is available.