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Nsc post office interest rate chart6/13/2023 It offers a Fixed Interest Rate on the investment.Ĭurrently, the interest rate on NSC is 6.8% p.a. The Government of India launched NSC with an objective to raise money from the individuals of the country and channelize it towards the progress of the nation. National Savings Certificate is a fixed duration investment instrument. ![]() So, let us understand the differences between both NSC and KVP in terms of rate of interest, the tenure of investment, and other parameters. Though both the schemes are promoted by the government yet, there exist several differences between them. On the contrary, Kisan Vikas Patra (KVP) does not offer benefits of tax deduction. NSC, known as National Saving Certificate, is a savings instrument that offers the benefit of Investing as well as tax Deduction. Both NSC and KVP are schemes promoted by Government of India to help individuals save their money. ![]() ![]() Don’t worry, this article will help you to guide with the same. NSC Vs KVP: Which Saving Scheme is Better? Updated on Octo, 136542 viewsĪre you confused between NSC Vs KVP? Don’t know which one to choose.
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