New Delhi: Like Prime Minister Narendra Modi, you too can earn more profits by investing your money. PM Modi invests in many places, one of them is the National Savings Certificate (NSC) scheme
PM Modi has an investment of 8.4 lakh rupees in National Savings Certificate (NSC) scheme. Today we are telling you about this scheme, so that you too can earn profit by investing in it.
If you want to invest in this scheme, then you can open an account for this by going to any post office. Whether you are 18 years of age or below, you can open an account at any age.
This account can also be opened jointly in the name of 3 adults.
Not only this, National Savings Certificate can be transferred from one person to another in the name of the person between the date of issue and the maturity date.
- What are its advantages *
- In this scheme, more interest is received from fixed deposits i.e. FD.
- Currently, 6.8 percent interest is being paid under this scheme. In this post office scheme, you have to invest a minimum of 1000 rupees.
- You can invest any amount in National Saving Certificate. There is no maximum investment limit. The lock-in period of NSC is 5 years old.
Not only this, you can claim tax exemption under Section 80C of the Income Tax Act on whatever money you invest in the National Savings Certificate.
By investing in it, you can claim a tax rebate of up to Rs. 1.5 lakh in a financial year.