Which saving scheme is safe for long time in bankrupt condition

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217 Points Posted on 21 December 2021

Which saving scheme is safe for long time in bankrupt condition ? I know only one name is PPF. Please suggest other names for long term investment.

 

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On 21 December 2021 at 07:46 Report
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This discussion explores safe long-term savings schemes suitable for individuals concerned about bankruptcy. While PPF is mentioned as a known safe option, other Post Office savings schemes are highlighted as being nearly 99.9% secure. These schemes are presented as reliable alternatives for long-term investment where the risk of loss due to bankruptcy is minimal.

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SEO Sai Gr. Hosp.
212572 Points Posted on 21 December 2021

All the post office savings schemes are safe.

https://www.indiapost.gov.in/Financial/pages/content/post-office-saving-schemes.aspx

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On 21 December 2021 at 10:34
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217 Points Posted on 21 December 2021

Sir, there is no concept of loss/bankrupt in post office saving account ?

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On 21 December 2021 at 12:05
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SEO Sai Gr. Hosp.
212572 Points Posted on 21 December 2021

Almost 99.9% safe.

There are different schemes and not just saving account, PPF is just one among them.

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On 21 December 2021 at 12:22

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