Post Office National Savings Certificates: Interest Rates, Tax Benefits, Other Details

India Post or Department of Posts, which runs the postal network of the country, offers a number of saving schemes with different interest rates. National savings certificates (NSCs), one such product offered by India Post, fetches an interest rate of 8 per cent per annum, as mentioned on the official website of India Post- indiapost.gov.in. This interest is compounded annually but payable at maturity. An NSC of Rs 100 will offer Rs ...