Post Office NSC Scheme: 43 lakh 47 thousand rupees will be available in 5 years, new rules apply
Post Office NSC Scheme: Return of up to Rs 43.47 lakh in 5 years, know the new rules
National Savings Certificate (NSC) Scheme:
The National Savings Certificate (NSC) scheme of the Indian Postal Department is considered a safe and attractive investment option among investors. New rules have now come into force under this scheme, which can give you better returns in 5 years.
Key Features:
Investment period: 5 years
Interest rate: Currently around 7% (quarterly revised)
Tax exemption: Tax exemption up to ₹ 1.5 lakh under section 80C
Return: Potential return of up to Rs 43.47 lakh (on regular investment)
How to get a return of ₹ 43.47 lakh?
If you make a big investment regularly, then this amount is possible in 5 years due to compound interest.
What are the new rules?
Online investment: Now you can invest online in NSC through the official website of the post office.
Auto-Renewal: Auto-renewal facility after maturity.
Simple nomination process: More convenient than ever.
Investment benefits:
Safe and government guaranteed
Protected from market risk
Premature withdrawal facility (with certain conditions)
How to apply?
Visit the nearest post office or apply through the online portal.
Submit the required documents.
Required documents:
Aadhaar card
PAN card
Passport size photo