Post Office Scheme: This scheme of Post Office is giving more interest than FD, check the details once before investing...

There are many safe investment options available for investors in the market, but even today many people prefer to invest in post office savings schemes. Keeping in mind the needs of different investors, the Post Office keeps launching various types of schemes.
The National Savings Certificate Scheme, run by the Government of India, is a scheme that is guaranteed by the government. People have faith in this scheme for a long time and it is also a safe investment option.

Know how much interest you get
Post Office Scheme – In the National Savings Certificate, the Finance Ministry decides the interest rate for every quarter. At present, the government is giving 7.7 percent interest annually on investment in this post office scheme.

The interest rate is higher than the bank FD
The central government gives 7.70 percent interest on the National Savings Certificate (NSC) scheme of the post office. If you talk about tax saving FD, many banks are offering interest rates of around 7.50 percent on it. This means that the post office is giving more interest than bank FD.

How much should I invest?
You can invest only Rs 1,000 to start the Post Office National Savings Certificate Scheme (NSC). This scheme will have to continue for at least five years. Any Indian citizen can invest in this post office scheme.

How to invest?
If you also want to invest in the NSC scheme of the post office, then you can invest in the scheme through offline mediums. You can buy NSC by visiting any post office branch in the country. You just need to fill out an NSC application form, which you can collect from the post office or download online. Fill out the form properly and do not forget to fill in your nominee.
Along with the form, you will also have to provide your ID proof like an Aadhar PAN card and address proof. Deposit the amount of money you want to invest. After completion of all the formalities, you will be issued an NSC certificate.

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