Savings play a vital role for protecting an individual and for the development of an economy. Savings may be invested in the form of fixed deposits, g
Savings play a vital role for protecting an individual and for the development of an economy. Savings may be invested in the form of fixed deposits, g

Summary/Abstract: Savings play a vital role for protecting an individual and for the development of an economy. Savings may be invested in the form of fixed deposits, gold/silver, real estate, stock market & insurance policies. After government withdrawal of the scheme of provident fund for their employees the need for savings for government employees has increased manifold. Central Government has established new pension scheme in which public can contribute and fund gives a guaranteed return to the subscriber .The researcher has analysed the attitude of the employees towards savings and their preference towards various types of investment For the purpose of analysis statistical tools such as correlation and factor analysis are used The finding of the study shows that majority of the people save nearly 20% of their income and their first investment option is bank deposit and less preference is given for shares and real estate.

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