Mon, Sep 16, 2024
Compare SBI Senior Citizen 5-year FD vs NSC to see which offers better returns on a Rs 2.50 lakh investment. Explore maturity amounts, tax benefits, and interest rates to decide.
More >
Thu, Mar 28, 2024
NSC small savings scheme interest rate latest update: The Post Office National Savings Certificates (NSC), also known as the NSC small savings scheme, turns a one-time investment of Rs 10,000 into Rs 14,490 over a maturity period of five years, according to the India Post website, indiapost.gov.in. Going by the same calculation, a sum of Rs 50,000 invested in this guaranteed, government-backed scheme grows into Rs 72,452 (principal of Rs 50,000 and interest of Rs 22,452) in the five-year period. One can invest any amount in multiples of Rs 100 starting at Rs 1,000 in this post office certificate scheme without any upper limit. For the final quarter of FY24, the NSC scheme delivers a return of 7.7 per cent compounded annually and payable at maturity. Read on to know more about this investment plan.
Tue, Feb 27, 2018
Recent introduction of the Universal Account Number (UAN) has made accessibility of the EPF account easier.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
