PM Narendra Modi (Narendra Modi) has also invested in this post office scheme of the post office. Actually this was revealed when the Union Council of Ministers, including PM Modi, announced their assets last year.
Post Office National Savings Certificate Scheme: Corona era has made us understand the importance of small savings. When we invest this savings, then it becomes big capital in future and it comes to us on many occasions. During this corona period we all have realized that when we need money, it is difficult to say.
Experts advise that we must make a habit of saving in some form or the other. And then it is also necessary to invest these savings in the right place, so that it can turn into big capital. Best Investment Plans are the best option for saving from your income.
You can deposit in a bank or invest in other types of government schemes. It should be kept in mind that you invest in a place where your money is safe and you also get better returns on your investment.
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Now, when it comes to keeping money safe, our attention definitely goes to the Post Office. Many such schemes run in the post office (Post Office Schemes), where you get a bumper return on investing. One of these schemes is the National Savings Certificate (Post Office NSC). This is one of the great schemes of the post office. Prime Minister Narendra Modi has also invested in this scheme.
Benefits of National Savings Certificate
National Savings Certificate Scheme Benefits: Whether your savings are big or small, you can easily invest in this scheme and can add big capital within few years. Since your money is completely safe in the post office, you can invest your savings here without any risk. The maturity of the National Savings Certificate Scheme is 5 years.
The good thing is that if you need it suddenly, you can withdraw your plan amount even after 1 year maturity period with some conditions. The interest rate of the National Saving Certificate Scheme is determined by the government at the beginning of every quarter of the financial year.
What is the annual interest rate now?
You can start investing in this National Saving Certificate Scheme with just Rs 100. Currently, the scheme is getting 6.8 percent interest annually. It is also a matter of benefit that under this scheme, you can also get the benefit of tax rebate of 1.5 lakh rupees annually under Section 80C of Income Tax.
Can you start investing from Rs 100-500?
The National Savings Certificate is available in the post office in the denomination of Rs 100, Rs 500, Rs 1000, Rs 5000 and Rs 10,000. If you want, you can buy any number of certificates of different value and invest in NSC. An investment of at least 100 rupees can be started in it. At the same time, there is no limit to the maximum investment.
21 lakhs to be invested on 15 lakh investment in 5 years
Let us understand this through an example. For this, you will also have to pay big amount in the beginning. If you invested Rs 15 lakh in the beginning, then you will get interest rate of 6.8 percent. That is, after 5 years, you will get 20.85 lakh rupees, that is, 21 lakh rupees.
Your own investment in it will be 15 lakhs, but you will gain about 6 lakh rupees in the form of interest. If you want, you can increase your investment even further and make a big profit.
PM Narendra Modi has also invested
According to the report of Financial Express , PM Narendra Modi (Narendra Modi) has also invested in this scheme of post office. Actually this was revealed when the Union Council of Ministers, including PM Modi, announced their assets last year. According to this announcement, by 30 June 2020, PM Modi’s assets had increased to Rs 2.85 crore.
Compared to the year 2019, PM Modi’s assets increased by Rs 36 lakh. One of the schemes in which PM Modi has deposited his money is the National Savings Certificate i.e. NSC. According to the information then, PM Modi has invested Rs 8,43,124 in the National Saving Certificate Scheme.
What are the interest rates on other post office schemes
Savings Account – On Savings Deposit: 4% On
1 to 3 Years Time Deposit: 5.5% On
5 Year Monthly Salary Account: 6.6%
Current Account (On 5 Year Recurring Deposit): 5.8% On
5 Year Time Deposit: 6.7 percent
senior Sitijn- 5-year savings: 7.4 percent
on Public Provident Fund: 7.1 per cent
on Sukanya prosperity account: 7.6 percent
5-year National Savings Letter: 6.8% on
Kisan Vikas Patra: 6.9%
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