Best FREE Money Government Scheme 2024

FREE Money Government Scheme | Best Government Scheme | E Shram Card | Sarkari Yojana 2024

What is the government’s free cash scheme?

Pradhan Mantri Matru Vandana Yojana (PMMVY) is a Centrally Sponsored DBT scheme with a cash incentive of ₹ 5000/- (in three installments) being provided directly in the bank/post office account of Pregnant Women and Lactating Mothers.

Who is eligible for PM Matru Vandana Yojana? – All Pregnant Women and Lactating Mothers, excluding those who are in regular employment with the Central Government the State Governments, or PSUs, or those who receive similar benefits under any law for the time being in force.

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What is the PM scheme for money?

Pradhan Mantri Jan-Dhan Yojana (PMJDY) is the National Mission for Financial Inclusion to ensure access to financial services, namely, basic savings & deposit accounts, remittance, credit, insurance, and pension affordably.

Can a student get money from the government?

Government Scholarships – The Government of India and the state governments run numerous scholarships for students pursuing their studies at different levels. These government scholarships aim to make education accessible to all irrespective of the candidate’s caste, creed, or class.

Best Government-Backed Schemes to Invest in India

Here is a list of some of the best government schemes that an investor can look forward to in the year 2024.

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Government-backed SchemeCurrent Interest RateLock-in periodMinimum Limit (Investment)Maximum Limit (Investment)
Atal Pension Yojana (APY)VariableTill RetirementRs. 42Rs. 1454
Kisan Vikas Patra (KVP)6.90%124 monthsRs. 1,000No maximum limit
National Pension Scheme (NPS)7.1%65 yearsRs. 1,000No maximum limit
National Savings Certificate (NSC)6.80%5 yearsRs. 100No maximum limit
Public Provident Fund (PPF)7.10%15 yearsRs. 500Rs 1.5 Lakhs in a financial year
Senior Citizens Savings Scheme (SCSS)7.40%5 yearsRs. 1,000Rs 15 Lakhs
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