How much return does PM Modi get in the post office scheme in which he has invested more than Rs 9 lakh?
PM Modi Post Office Investment: Prime Minister Narendra Modi, the leader of the world's fourth-largest economy, is celebrating his 75th birthday on Wednesday (September 17). Since coming to power at the center in 2014, Prime Minister Modi has been a strong proponent of the "Swadeshi" movement. From the "Make in India" campaign to bringing yoga to the global stage, he has popularized Indian culture worldwide. In addition to serving the country, PM Modi also invests.
PM Modi has invested lakhs of rupees in the Post Office scheme, the National Savings Certificate. On the occasion of his birthday, let's find out what percentage return the Post Office National Savings Certificate scheme offers.
What is the Post Office National Savings Certificate Scheme?
The National Savings Certificate is a savings scheme offered by the post office. You can invest in it at any post office in India. It is an initiative of the Government of India primarily aimed at small- to medium-income investors. Under the old tax regime, tax deductions are available on investments made in NSC during the financial year under Section 80C. This is a low-risk investment option – offering returns with practically zero risk.
How much has PM Modi invested in the Post Office NSC scheme?
Prime Minister Modi has invested ₹9.12 lakh in the National Savings Certificate (NSC). This investment is for 5 years. This means that PM Modi's money will mature in 5 years.
NSC No. 475961xxxxx - 2,15,455
NSC No. 02000800xxxxx- 1,93,471
NSC No. 02003199xxxxx- 1,82,746
NSC No. 02005485xxxxx- 1,70,248
NSC No. 02010950xxxxx- 1,50,478
How much return is received under the National Savings Certificate Scheme?
The current annual interest rate on the Post Office National Savings Certificate (NSC) is 7.7% for the second quarter (July-September) of FY 2025-26, based on annual compounding. This rate is reviewed quarterly by the government. With a maturity period of 5 years, the interest earned is added to the principal amount, resulting in a larger amount at maturity. Investors can claim a tax deduction of up to ₹1.5 lakh on the amount invested under Section 80C of the Income Tax Act.
At the current interest rate, if you invest ₹1 lakh in a National Savings Certificate (NSC), it will grow to approximately ₹1.44 lakh after 5 years. This means that the interest on the investment will grow by approximately ₹44,903 over 5 years.
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