Post Office Scheme: We are telling you about the National Savings Certificate Scheme of the Post Office. By investing in this, you are getting more benefits than bank FD.
By investing in this scheme of post office, you can get good returns along with tax saving.
National Saving Certificate: By investing in the National Savings Certificate Scheme of the Post Office, you can get more interest than the usual bank FD.
By investing under this scheme, you are getting the benefit of 7.70 percent interest rate on the deposited amount.
You can invest money in this scheme for a total of 5 years. By investing in this scheme you are also getting the benefit of tax saving.
By investing in this, you can get a rebate of Rs 1.50 lakh under Section 80C of Income Tax.
Generally, banks are giving the benefit of 7 to 7.50 percent interest rate on 5 year FD scheme. In such a situation, you are getting more returns in NSC scheme.
You can start investing in this scheme with Rs 1000. There is no limit on maximum investment in this. You can open this account in any nearest post office.