Winning Bizness Desk

The festival of Rakshabandhan holds a lot of significance for the brother-sister relationship. People usually rub their mind when it comes to gift something to their beloved sisters. Here Winning Bizness gives you some fantastic ideas for gifting. You can give your sister a special financial gift on this special occasion. Although there are many gift options in the market, you can secure your sister's future by giving special financial gifts. You can make your sister financially strong with these gifts. Along with this, you can also brighten her future. If your sister does not have a savings account, open a savings account in her name in any bank and by depositing a small amount every month in a savings account, you can give her a special gift that will come in handy in times of crisis.

Invest in the bank's FD scheme

Apart from opening a savings account, you can also invest in the bank's FD scheme. Visit the websites of different banks and see where you are getting the benefit of higher interest rates, so you can invest accordingly. You can start investing in mutual funds through SIP to make your sister self-reliant. This investment will be beneficial to build a large fund for your sister's education and marriage. Apart from this, gifting a health insurance policy to a sister can also be a good option. This way your sister will not have to worry about hospital bills in case of a medical emergency.

Invest in digital gold

If you want to gift gold to your sister, apart from gold jewellery, you can invest in digital gold as well, gold ETFs etc. Besides, you can give your sister a special financial gift by opening an account under a government scheme like Sukanya Samriddhi Yojana or PPF. So which option will you choose to financially secure your sister this Rakshabandhan?