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Post Office Scheme: Zero Risk And Solid Earnings With High Interest Returns
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News18•08-10-2026, 12:13
Post Office Scheme: Zero Risk And Solid Earnings With High Interest Returns
- •The National Savings Certificate scheme currently offers an attractive annual interest rate of 7.7 percent.
- •Investing a lump sum of Rs 10 lakh in NSC can generate around Rs 4,49,034 in interest over a five-year period.
- •The investment tenure is fixed at 5 years with no maximum limit, and investments can start from as low as Rs 1,000.
- •Compounding interest annually significantly increases returns compared to the previous year.
- •Eligible investments qualify for tax deductions of up to Rs 1.5 lakh under Section 80C of the Income Tax Act.
Key Questions Answered
The National Savings Certificate (NSC) scheme currently offers an annual interest rate of 7.7%, and the required investment tenure is 5 years.
By investing a lump sum of Rs. 10 lakh in the NSC scheme at an annual interest rate of 7.7%, an investor can earn approximately Rs. 4,49,034 in interest over a five-year period.
Investments in the NSC scheme can be started with as little as Rs. 1,000, with no maximum limit on the investment amount. Additionally, eligible investors can claim tax deductions of up to Rs. 1.5 lakh under Section 80C of the Income Tax Act.
