if you want to invest to secure your future, then the biggest fear is that your money may sink there. In such a situation, if you also want to invest to secure your future, then today through this article we will tell you about the post office scheme run by the government. In which you can get guaranteed returns by making safe investments. National Savings Certificate (NSC) scheme of the post office can be a good option for safe investment. It is completely safe because this scheme is run by the Government of India.
What is Post Office NSC Scheme
if you also have some questions related to the National Savings Certificate Scheme, such as what is this scheme, how to invest in it and how to get interest on the money invested in it, then today we will give you information about all these questions in detail here. You must read all the instructions given below carefully till the end. Post Office NSC scheme is a savings scheme which is especially for small and middle class investors. Under this scheme, you get an opportunity to invest at a fixed interest rate which is completely secured by government guarantee. In this scheme, an annual interest of 7.7% is given on the deposited amount. This interest rate is compound interest i.e. interest is added on the amount deposited in your account and then next time interest is given on the total principal amount deposited in the account. Due to which your money grows quickly. The maturity period of this post office scheme is 5 years which gives good returns on the amount deposited by you.
How to invest in NSC scheme
If you have decided to invest in this scheme of the post office, then first of all you have to apply by going to your nearest post office. Where you will have to complete the process of opening an account by filling the application form along with some necessary documents.
Read More: Post Office Fixed Deposit: Know how to maximize your benefits with new interest rate and rules
After the account is opened, you can start investing in this account with just ₹ 1000. After this, more amount can be invested in multiples of ₹ 100. There is no maximum investment limit in this scheme.
How much return will you get on depositing 6.50 lakhs
If there is a person who wants to deposit a lump sum amount, then this scheme is also a good option for him because in this scheme, if you deposit a lump sum of Rs 6.50 lakh, then he will get a total of Rs 9,41,872 after 5 years at the rate of interest of 7.7 percent on the deposit amount. In which Rs 2,91,872 will be received only in the form of interest. Which is a good return.
Other benefits of Post Office NSC Scheme
Although this scheme has many benefits, but if you want to invest money in this scheme, first of all this scheme provides you the benefit of tax exemption. Under Section 80C, you can get income tax exemption on investment up to Rs 1.5 lakh. Also, at the time of opening this account, you can also nominate a nominee, so that your money will be even more secure.
Disclaimer
All the information we are providing in this article has been obtained from the internet and all the information has been given after research, even after this if you are facing any problem then it will be your responsibility, this website Yojana 360. com and not our members. You yourself will be responsible for reaching any decision.
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