Let us tell you that you get 6.8% interest on investing in the Post Office Scheme National Savings Certificate.
Since the Corona epidemic, the Reserve Bank of India has been continuously cutting interest rates on bank FDs. In such a situation, customers are not getting the return on FD. If you want to get maximum returns by making safe investments, then we are going to tell you about one of the best post office schemes. Investing in this will give you more returns than bank FDs. This scheme is National Savings Certificate.
national savings certificate
Let us tell you that you get 6.8% interest on investing in the Post Office Scheme National Savings Certificate. In such a situation, investing in National Savings Certificate gives the benefit of about a 1 percent higher interest rate. In this scheme, any person can invest up to 1000 rupees in a minimum of one year. If you invest in this scheme for 10 years, you will get double the amount on maturity.
Read More: Every month, the interest of 50,000 will be available; invest in the name of any family member.
Big things of National Saving Certificate-
This interest rate is available only on an annual basis and the entire amount is available only on maturity. In this scheme, you have to invest 1000 rupees annually. There is no maximum investment limit. A maximum of three people can be accommodated in a joint account. The account of children above the age of 10 years can also be opened under the supervision of a parent.
Method of withdrawing money deposited in National Savings Certificate-
You can also apply online for this. At the same time, you can also withdraw money offline. For this, you need to fill out and submit the Withdrawal Form (601-PW). The thing to note is that if the amount is less than 1 lakh in the account, then you can withdraw all the money in one go.
