This major scheme of the post office gives tremendous returns, man and woman must make 13 lakhs within five years

If you want to raise money without any risk, the National Savings Certification (NSC) scheme of the Post Office is an excellent option for you. It is a guaranteed scheme by the government that expires within five years. If you have retirement money, money from the sale of land or a large lump sum, you can earn good interest by investing it in NSC. Return is stuck in this and your money is completely safe. You can just go to your nearest post office and open KYC and the necessary documents and open an account. Who can invest in it? Any person can invest in this scheme. You can open an account alone or also open a joint account. Which can include a maximum of 3 adults. Children of 10 years or older can also open their account. If the child is young or a person is mentally ill, his parents can open an account in his name. If you want, you can make a family member a nominee. You can open as many accounts as you want in this scheme. The minimum investment is only Rs 1,000 and there is no limitation on the maximum amount. You can invest as much as you want. The best thing is that the investment made in it comes under tax release in terms of section 80c of the Income Tax Act. You can invest up to Rs 1.5 lakh in a year. How many returns will you get? Currently, the scheme pays 7.7% annual interest, which continues to link with compound interest. The amount of interest is only available after completing 5 years. The first four years of interest are re -raised at which tax exemption is received, but the interest of the fifth year is taxable. If necessary, you can also take a loan, if you ever need money, you can also take a loan by connecting your NSC in a bank or NBFC. It will not require you to break your savings, and money will also be arranged. However, the account cannot be closed before five years, except for some situations such as investor death or court order. If both husband and wife are beneficial to both husband and wife, they can get more benefits by opening a joint account. Suppose you both invest 9 Lakh rupees together, then you get about 13.04.130 rupees after 5 years. From this, Rs 4,04,130 will be of importance in the form. In general, this scheme is best for those who want a safe return with the government’s guarantee. Post office NSC not only raises money, but also helps save taxes.