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The National Savings Certificate (NSC) is one of the government-backed programmes suitable for investors with little risk since it offers guaranteed returns together with tax benefits.
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Kisan Vikas Patra, or KVP, is a well-liked small savings plan that is taken into consideration for long-term investments. Read more to know latest KVP interest rate for January- March 2024 quarter.
The post offices could use the Annual Accrual Interest Tables found on the India Post website to determine the annual accrual of interest in the case of NSCs.
For the July-September 2023 quarter, the government has hiked interest rates on specified small savings schemes by up to 30 basis points.