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Post Office NSC Scheme: Earn Rs 4.5 Lakh Interest in Just 5 Years
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News18•05-10-2026, 14:26
Post Office NSC Scheme: Earn Rs 4.5 Lakh Interest in Just 5 Years
- •The National Savings Certificate (NSC) scheme offered by the post office allows investors to earn up to Rs 4.5 lakh just as interest over a 5-year period.
- •The post office is currently offering an attractive annual interest rate of 7.7 percent on NSC with zero investment risk guaranteed by the central government.
- •A minimum of Rs 1,000 must be deposited for 5 years, and there is no maximum investment limit, allowing for higher returns on larger investments.
- •Only Indian citizens are eligible for the NSC scheme, and a joint account can be opened by 2 or 3 individuals together.
- •Investors can also claim tax exemption benefits of up to Rs 1.5 lakh per year under Section 80C of the Income Tax Department.
Key Questions Answered
The post office is currently offering an annual interest rate of 7.7 percent on the National Savings Certificate (NSC) scheme.
The benefits of the NSC scheme are available exclusively to Indian citizens, while NRIs, companies, trusts, and HUFs are not eligible.
Investors can receive tax exemption benefits of up to Rs 1.5 lakh per year under Section 80C of the Income Tax Department by investing in this scheme.
