Earn 12.5% compound interest per annum on your investment.
It seems you're referring to the Maharashtra
Vikas (Maha Vikas) Scheme, which is a government-backed investment option
offering an interest rate of around 12.5% per annum on investments.
This is usually a long-term scheme aimed at
generating steady returns with compound interest. Typically, these types of
schemes are designed to encourage saving and investing in a safe manner,
especially with attractive interest rates like the one you mentioned (12.5%
annually).
However, I don't have details about a
specific current "Maharashtra Vikas" scheme offering this exact rate,
so I would recommend checking the official website of Maharashtra Government or
a reliable financial institution for specific details like:
·
How to start investing (online or via post
office),
·
The terms and conditions (lock-in period,
minimum investment),
