Want to get guaranteed returns and avail Income Tax benefits too? Check this post office scheme

National Saving Certificate Scheme (NSC) at present is getting 5.9% interest annually on the amount invested. Under this scheme, investor can avail tax exemption of Rs 1.5 lakh annually under Section 80C. Post Office's National Saving Certificate Scheme (NSC) has strong history and it is an extremely safe investment option.  The National Saving Certificate Scheme (NSC) lets you make money by keeping your investment safe without any risk and make their and their family’s future secure.

Benefits of National Saving Certificate:

The maturity period of the National Savings Certificate scheme is 5 years. However, investor can withdraw money from your account after 1 year with certain conditions. The interest rates are set by the government at the beginning of every quarter (3 Months) of the financial year.

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What is the interest rate on National Saving Certificate Scheme (NSC)?

The interest rate on National Savings Certificate scheme (NSC) is 5.9% annually. Under this scheme, you can get tax exemption of Rs 1.5 lakh annually under Section 80C of Income Tax. Interest for National Saving Certificate NSC is compounded half-yearly. The interest is payable to the investor at the end of the five years. The interest earned every year is reinvested. One can start investing in this scheme with as little as Rs 100 a month.