Some schemes of the post office are such that they are safe. By investing in these schemes, not only can you get strong returns, but it also helps you in tax exemption. Let us know in detail about this scheme-
Many post office schemes are schemes that guarantee returns. Also it is very safe. By investing a few rupees in these schemes (Post Office Scheme), you can earn excellent money. If you are also thinking of investing in post office, then this news will prove to be useful for you. If you want to get huge amount by investing in post schemes, then National Savings Certificate Scheme is a great scheme for you.
It is a part of the Post Office Small Savings Scheme, which is a government and secured scheme. Investments in these schemes have a lock-in period of at least 5 years. Investors can withdraw their money on completion of 5 years. Single accounts can be opened in this scheme, but two people together can also open joint accounts for this scheme. However, only one investor gets the maturity money.
In this post office scheme, an interest rate of 6.8% is available. The minimum amount to invest in this scheme is Rs 1000. Let us tell you that you can invest in multiples of 100 in this scheme. There is no maximum limit for investing in this scheme. Tax exemption is also available for investing up to 1.5 lakhs every year.
