Business
India Post launches 'Secure Future' bonds for long‑term savings and girl child education
The Indian postal department has introduced new 'Secure Future' bonds that offer higher interest rates for public long‑term savings and to fund higher education for girls.
The Indian postal department has launched a new investment scheme called "Secure Future" bonds.
The bonds aim to encourage long‑term savings among the public by offering higher interest rates compared to existing schemes.
A portion of the bond proceeds is earmarked to support higher education for girl children, aligning with government objectives to promote gender‑focused education.
The bonds will be made available through post offices across the country, with details on tenure, interest rates and eligibility to be provided by the department.
Officials say the scheme is expected to boost financial inclusion and promote investment in the education of girl children.
The bonds aim to encourage long‑term savings among the public by offering higher interest rates compared to existing schemes.
A portion of the bond proceeds is earmarked to support higher education for girl children, aligning with government objectives to promote gender‑focused education.
The bonds will be made available through post offices across the country, with details on tenure, interest rates and eligibility to be provided by the department.
Officials say the scheme is expected to boost financial inclusion and promote investment in the education of girl children.