Earn Over ₹2 Lakh! This Government Scheme Beats SIPs and Stock Market—Check Details

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Many people do a lot of things thinking about the future. Some invest in the hope of good profits, while some deposit money in the bank. But there are many people who cannot understand exactly where to invest money to get good money. Are you also facing the same problem? Then today’s report is just for you.

Post Office small savings schemes can provide investors with sufficient returns without risk, if the investment rules are followed. If you want to invest in a risk-free way and earn higher returns, then investing in a post office scheme like NSC can be a good option.

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What is Post Office National Savings?

National Savings Certificate (Post Office NSC) is a scheme that helps you earn a lot of income only through interest. You can start investing in this scheme with just Rs. 1,000. The lock-in period of this scheme is 5 years.

National Savings Certificate (National Savings Certificate) is a superhit scheme under the Post Office Small Savings Scheme. It is popular among the middle class and retirement planners. The minimum investment amount for 5 years is 1,000 rupees. There is no maximum investment limit.

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Today, the stock market or SIP is equally popular in the midst of the boom. At the very top of that list is the name of the Post Office’s NSC or National Savings Certificate Scheme. By keeping money in this small savings scheme of the Indian Post Office, the customer can earn 2 lakh rupees from interest alone.

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Investing money in all other schemes including the Post Office’s National Savings Certificate is completely risk-free. The government itself will guarantee you if you keep money here. Secondly, if a person wants to start investing in the Post Office’s National Savings Certificate Scheme from just 1000 rupees. The most important thing is that the Post Office is currently offering 7.7 percent annual interest on investments in this scheme.

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Interest in this government scheme of the Post Office is mainly paid on a compounding basis. Later, when the term is completed, the interest of this scheme will be sent to the customer’s savings account. If you want to get a big interest from this scheme, there is only one condition, you have to invest in the National Savings Certificate Scheme for 5 years. In fact, this is the locking period of this project. If the money is withdrawn before 5 years, the investor will be deprived of interest.

About the Author

Avijit

A digital media professional with 4 years of experience, skilled in online content creation, media and information work, his goal is to regularly bring updates on government projects, scholarships and jobs to his readers.

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Avijitdas@timesbull.com Author at TimesBull TimesBull
A digital media professional with 4 years of experience, skilled in online content creation, media and information work, his goal is to regularly bring updates on government projects, scholarships and jobs to his readers.
Avijit - Author at TimesBull
About the Author

Avijit

Avijit - Author at TimesBull

A digital media professional with 4 years of experience, skilled in online content creation, media and information work, his goal is to regularly bring updates on government projects, scholarships and jobs to his readers.

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