New Delhi: Bhai Dooj is one of the most cherished festivals in India and this year, it will be celebrated on November 3. The festival has certain similarities with Raksha Bandhan and it is celebrated in almost every corner of the country.
On the occasion, of Bhai Dooj, sisters invite their brothers for a sumptuous meal. The ceremony drives home the fact that a brother must protect his sister and the sister blesses her brother. The sister performs arti for her brother and applies a red tika on his forehead. This tika signifies the sincerest prayers of the sister for the long and happy life of her brother and both of them give each other gifts. In this article, we will take a look at the financial gifts that one can give on the occasion of Bhai Dooj.
Financial gift ideas for Bhai Dooj
Mutual Fund Contributions
One of the most meaningful gifts can be a mutual fund account. It will help the brother or sister to achieve long-term financial goals and will also encourage them to invest. Mutual funds are managed by professionals, involve diversification and are considered safe investment options.
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Stocks
On the occasion of Bhai Dooj, one can gift stocks and it can be beneficial in the long run. You can buy stocks of well-performing companies and gifts. It will significantly benefit the financial future of the brother or sister.
Gold and Silver Coins
One can gift metal coins like gold or silver coins which are both a practical and lasting investment. These are valuable metals and can come to the aid during economic uncertainties. Hence, gifting coins can be a good financial help one can offer.
Fixed Deposits
One can gift the safe and secure investment option of Fixed Deposits (FDs) for Bhai Dooj. They will give guaranteed returns on investment and are a stable and safe financial option. An FD will help to increase the money invested as it will be compounded as per the rate of interest.
Mahila Samman Savings Certificate
The Mahila Samman Savings Certificate provides attractive and secure investment options to all girls and women. The scheme gives an attractive and fixed interest of 7.5 per cent interest compounded quarterly with flexible investment and partial withdrawal options with a maximum ceiling of Rs 2,00,000.
