Post Office Scheme: Join this Post Office Scheme.. Get Amazing Returns.. No Risk Scheme | Post office Scheme: National saving certificate scheme gives big return on maturity

National Savings Certificate is one such scheme by the Post Office. It gives good return to people without any risk. Recently some under Small Savings Scheme.

National Savings Certificate is one such scheme by the Post Office. It gives good return to people without any risk. Recently, the interest rate of some schemes under the Small Savings Scheme has been increased. Under this, National Savings Certificate interest has also been increased. Earlier this scheme had only 6.8 percent interest. But after the announcement of hike on January 1, 2023, it increased to 7 percent.

You also have the benefit of tax exemption under the National Savings Certificate scheme. You can invest in this scheme by visiting any post office nearby. If you also want to invest money in this scheme then this scheme is better for you. What benefits will you get in this scheme? Know when your investment income will double.

If you invest under National Savings Certificate you can invest with just Rs.1000. There is no limit on maximum investment in this scheme. You can invest in this scheme without any risk. Also if you opt for this scheme it will double your money faster than your bank fixed deposit.

What are the benefits?

If you invest under the NSC scheme you can get a deduction of Rs 1.5 lakh under Section 80C of the Income Tax Department. Also any adult can invest in this scheme in his child’s name or in his own name in this scheme. Certificates of Rs.100, 500, 1000 and 5000 can be purchased under this scheme. It has a maturity period of 5 years.

There are three types of certificates that can be purchased. Single, Joint A, Joint B type investors can invest money in this scheme. 2 persons can invest money together under Joint A. But in joint B type any two persons can invest money together. Also only one gets the benefit on maturity. But as per National Pension Certificate details.. if you invest Rs.10 lakh for 5 years you will get Rs.14 lakh after maturity period. If you invest the same Rs.5 lakh, you can get around 7 lakh after maturity.

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