Post Office NSC Calculator: Post Office NSC is a scheme which is also a part of the portfolio of the country’s Prime Minister Narendra Modi. In this scheme, you are getting interest at the rate of 7.7 percent. The scheme matures after 5 years, and it is also a scheme giving tax benefits under Section 80C. If you want to invest in this scheme, then know how much profit you will get on investments of ₹ 1,00,000, ₹ 2,00,000, ₹ 3,00,000, ₹ 4,00,000 and ₹ 5,00,000.
How much profit on investment of ₹ 1,00,000
If you invest Rs 1 lakh in this scheme, then at the rate of 7.7 percent interest, you will get Rs 44,903 as interest in 5 years. In this way, the maturity amount will be Rs 1,44,903.
What will you get on investing ₹2,00,000
If you invest 2 lakh rupees in this scheme, then you will get interest of Rs 89,807 in 5 years. In this way, the maturity amount will be Rs 2,89,807.
How much interest will you get on investing ₹3,00,000
On investing 3 lakh rupees, you will get a total of Rs 1,34,710 in interest only at the rate of 7.7 percent interest in 5 years. In this way, you will get Rs 4,34,710 on maturity.
How much profit will an investment of ₹4,00,000 give
If you invest 4 lakh rupees in NSC, then according to the NSC Calculator, you will get Rs 1,79,614 in interest only. In this way, you will get a total of Rs 5,79,614 on maturity.
How much return on investment of ₹5,00,000
Investing Rs 5 lakh will give you a good profit. In this case, you will get Rs 2,24,517 as interest and thus after 5 years your maturity amount will be Rs 7,24,517.
Also Read-
- DA Hike Update: AICPI index numbers updated for May 2024, know how much DA will increase
- ITR Filing: If you want tax exemption on HRA, then keep these 4 documents safe
- RBI New Rule! RBI changes rules for bank frauds, know new rule here
We have taken all measures to ensure that the information provided in this article and on our social media platform is credible, verified and sourced from other Big media Houses. For any feedback or complaint, reach out to us at businessleaguein@gmail.com
