A variety of savings plans offered by Post Office Investments offer substantial interest rates, tax advantages, and, most crucially, the government of India's sovereign guarantee. To meet the various needs of various investors, Indian Post provides a variety of investment alternatives. All Post Office Savings Plans offer returns since the Indian government supports them. Additionally, the majority of post office investment plans fall under Section 80C, which allows for a tax exemption of up to Rs. 1,50,000.
For the duration of the savings plan, the rate on Post Office Time Deposits, Post Office Recurring Deposits, Post Office Monthly Income Schemes, National Savings Certificates (NSC), and Kisan Vikas Patras (KVP) would be locked in for the quarter in which they are invested.
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