Business

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.

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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.

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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)

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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