New Delhi: The Post Office is offering numerous excellent schemes that provide substantial benefits to the people. If you are looking to earn money, the post office scheme is a great option. You can fulfil your dream of becoming rich by joining the National Savings Certificate of the post office. Through this, you will have to create a strong foundation; if you miss the opportunity, then you will miss it.
This will not cause you any problems. The National Savings Certificate, a savings scheme offered by the post office, is open to everyone. You can accumulate a substantial amount in just five years. You can easily take advantage of about Rs 5 lakh in the scheme. Below, you can see how much interest the post office is offering on investments in this, where your confusion will end.
How much interest will be received in the National Savings Certificate
Investors will get strong interest in the National Saving Certificate Scheme of the post office. If you want to join this scheme, then you can open an account in any branch of the post office. To open an account, you must deposit a minimum of Rs 1,000. By investing in the Dhansu scheme, people are being offered an interest rate of 7.7 per cent per annum.
The Dhansu interest rate available through the Dhakad scheme is offered on a compounding basis. The return amount in the scheme is transferred to the investor’s account only after a 5-year investment period. Therefore, you have a great investment option; do not let this opportunity pass you by.
How much interest will you get?
If you deposit a lump sum of Rs 5 lakh for 5 years in the National Savings Certificate Scheme of the Post Office, you are currently earning 7.7 per cent interest on it. With this, you will easily get great benefits. For example, suppose in the first year, by adding Rs 38,500 interest on 5 lakh, the amount will reach Rs 5,38,500.
Similarly, adding annual interest, after completion of 5 years, your Rs 5,00,000 will increase to Rs 7,24,513. According to this, you will get a net profit of Rs 2,24,513. If you want to earn this profit in the post office, then you can open an account soon.