Post Office Scheme: Golden Opportunity! Earn Lakhs in Interest with This Post Office Scheme, Plus Get Tax Benefits

National Desk:
If you are looking for a safe investment option that offers guaranteed returns without any risk, the Post Office’s National Savings Certificate (NSC) scheme is emerging as a top choice for investors. Backed by government guarantee, a fixed interest rate, and assured returns, this scheme is among the most popular small-saving options in India.

7.7% Annual Interest Rate

NSC currently offers 7.7% annual interest, which compounds every year. One of the biggest advantages of this scheme is that the entire interest amount is paid at the time of maturity. After completing the 5-year tenure, your invested money grows significantly.

Example:
If an investor deposits a lump sum of ₹11,00,000 in NSC, then at the annual compounding interest rate of 7.7%, they will receive approximately ₹15,93,937 after 5 years.
This means a total profit of around ₹4,93,937—purely as interest—without any risk.

Investment Starts from Just ₹1,000

You can start investing in NSC with as little as ₹1,000, and there is no maximum investment limit. An NSC account can also be opened in a child’s name, making it a reliable savings option for families as well.

5-Year Lock-In Period

NSC has a mandatory lock-in period of 5 years. If the account is closed before the completion of this tenure, the investor receives only the principal amount—no interest is paid in such cases.
To gain full benefits, it is essential to keep the investment intact for the complete 5-year period. After maturity, both the principal and interest are paid together.

Opportunity for Tax Savings

NSC not only provides safe returns but also offers tax benefits. Under Section 80C of the Income Tax Act, investors can claim a tax deduction of up to ₹1.5 lakh in a financial year.
This makes NSC a double-benefit scheme—offering both secure investment and effective tax planning.