1. Launched in August 2004 2. A central government-backed saving scheme 3. Valid for those above 60 4. The aim is to assure regular income after the senior citizens retire.
1. Recognized and validated by the Ministry of Finance 2. It No-Risk Scheme 3. Provides fixed monthly interest 4. Income provided by post office
1. Introduced in May 2020 2. The aim is to provide regular income 3. Valid of those are 60 years and above. 4. NRIs can also avail the benefits
1. It involves pooling of funds from multiple investors 2. It is managed by Fund Managers 3. Mutual funds are market-linked, their returns are never fixed. 4. You can opt for short term debt funds