Everyone earns money, but most people do not have the knowledge of where to invest that money. Many people would have invested in a scheme at the behest of a friend or relative. Mostly it has been seen that many people do not do research on their own. You will not get anything by keeping the money in your account, you have to invest that money according to your need so that whenever you get a good return on the maturity of the money. There are many schemes available for this, after your own research, you can invest in whatever scheme you feel is right. Today we are going to tell you about the best profitable scheme of one such post office.
In today’s time it is very important to have money safe, the post office is such an institution that we can trust. If you also want to make safe investments, then you have a chance to become a millionaire in just a few years. We are talking about a wonderful scheme of the post office named “National Saving Certificate” which means that you can earn 20 lakh rupees in 5 years by investing just 100 rupees in NSC Kim. Let me tell you that it has plans for people of all ages.
This is a savings scheme, which is being run by the post office. You can start investing in it with just Rs 100. In which there is no investment limit. You can invest as much as you can afford. NSC is an initiative of the Government of India to encourage small and medium income earners to invest and save income. NSC can also be purchased in the name of their children. Its maturity period is 5 years, if you want, you can also extend the period. If you want to get high returns by investing without any risk then this post office plan is completely safe for you.
In this plan, you can start with an investment of just Rs 100. Compound interest is considered in this scheme. As a result, today an investment of Rs 100 will become Rs 144 after charging interest. Under this scheme, interest is paid at the rate of 6.8 per cent per annum and tax exemption of up to Rs 1.5 lakh is also available under 80C of Income Tax. Generally as mentioned earlier the maturity period of this scheme is five years but If you want, you can withdraw money even in a year subject to certain conditions. If you want to withdraw money from it before five years, then you may also face a penalty for this.
Buying National Savings Certificate is a simple process, you can buy it from any post office. Yes, keep in mind that you need to have some necessary documents to buy the National Savings Certificate. You will have to give your information through the form, in which you will have to mention your name and investment amount. You may need supporting documents to purchase the National Savings Certificate. You can buy the National Savings Certificate by check or cash. The account will be opened only after successful payment by check.
To open an NSC account, you need to invest at least Rs 100. There is no limit on the maximum amount deposited. This account can be opened in the name of a minor and also as a joint account in the name of 3 adults. If you want to get Rs 20.58 lakh after five years at 6.8 per cent interest, then you have to pay Rs 6 lakh at an interest rate of Rs. 15 lakh will have to be invested in five years.
We request you that if you want to open your account in this scheme, then please go to your nearest post office and ask all the questions related to this scheme and invest in it only if you feel it is right.
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