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Even today, many people consider Fixed Deposits (FDs) to be the safest investment because they offer no risk of losing money. However, many investors are unhappy with the low interest rates offered by FDs. Therefore, they invest in unsecured schemes for higher returns. But what if we were to say that you can earn higher returns than FDs without any risk, and that too through government schemes? So, let's learn about three such government schemes that offer higher returns than FDs and are completely safe.

NPS (National Pension System)
This is a government retirement scheme. Under this scheme, your money is invested by the government in bonds and the stock market to ensure good returns. A portion of the investment is set aside for your pension. You can withdraw your money after 60 years of age, and the account can be kept active until you reach 70–75 years of age. This is a very reliable option for retirement planning. You can earn up to 8% returns. Additionally, it offers tax savings.

RBI Floating Rate Savings Bonds (RBI FRSB)
If you don't want to wait as long as NPS, this is a great option. It's also a completely safe government scheme. These bonds offer interest rates of up to 8.05%. The interest rate varies periodically. You can easily purchase them through the RBI Retail app. It's a safe option like an FD, but offers higher interest rates.

NSC (National Savings Certificate)
NSC, or National Savings Certificate, is a government savings scheme. It's a safe way to invest for the long term. Its maturity period ranges from 5 to 10 years. This scheme offers 7.7% interest. It also offers tax benefits under Section 80C. If you're looking for a safe and long-term investment, NSC could be a good option. You can start investing with just Rs 1,000.

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