Post Office Scheme: If you want to earn high income on your bank accounts, the Indian Postal Department’s scheme is the best option. It also grants income tax breaks. Anyone can take advantage of this offer to save lakhs of rupees. This strategy provides the highest interest rates in the quickest time while also saving lakhs of rupees. To apply for this plan, go to the sub-post office or the main post office and fill out the form.
Post Office Scheme : Deposit lakhs in the NSC scheme and receive 7.7% interest
Speaking with News Channel, Manmohan Srivastava, Postmaster of the Firozabad Main Post Office, said that the Indian Postal Department is conducting a scheme that provides significant interest rates in a short period of time. This program is known as the NSC, or National Savings Certificate. The deposit is set for five years and pays an interest rate of around 7.7%.
This strategy offers the highest interest rates in the shortest amount of time. He further added that if you invest lakhs of rupees in this scheme, you will earn an income tax exemption of up to 1.5 lakh rupees. This scheme can be started with a thousand rupees.Under this arrangement, a person who deposits 10 lakh rupees for five years will receive 4.49 lakh rupees in interest. However, the deposit is fixed for five years and cannot be withdrawn from the account.
These documents are necessary when opening an account at the post office.
The postmaster said that anyone interested in participating in this plan should contact any sub-post office or major post office in their area. This system is open to all types of people, and both government and private sector personnel can readily open accounts. To open an account, you’ll need your Aadhaar card, PAN card, and two pictures. The account offers the greatest interest rates for deposits ranging from ₹1,000 to lakhs of rupees.
