PM Modi’s Rs 9 Lakh Post Office Investment: How Much Return Does He Get?

Business News: Prime Minister Narendra Modi is celebrating his 75th birthday on September 17. The leader of the world's fourth-largest economy and a strong supporter of the 'Make in India' campaign, Modi has always promoted indigenous products. From taking yoga to the global stage to promoting Indian culture globally, he has taken many important steps. Along with serving the country, PM Modi is also cautious about investments. On the occasion of his birthday, let's learn how much he has invested in the Post Office's National Savings Certificate (NSC) scheme and the returns he receives from this scheme.

What is the NSC Scheme?

The National Savings Certificate (NSC) is a popular savings scheme offered by the Post Office. It is specifically designed for small- and middle-income investors. This scheme is backed by the Government of India and is a very low-risk investment option. Under the old tax regime, investments made in this scheme are eligible for tax deductions up to Rs 1.5 lakh under Section 80C. It has a maturity period of 5 years and offers the benefit of compound interest.

PM Modi's Investment in NSC

Prime Minister Modi has invested Rs 9.12 lakh in the Post Office NSC scheme. This investment is for 5 years, meaning he will receive the entire amount plus interest upon maturity. The details of his investments are as follows:

• NSC No. 475961xxxxx – Rs 215,455
• NSC No. 02000800xxxxx – Rs 193,471
• NSC No. 02003199xxxxx – Rs  182,746
• NSC No. 02005485xxxxx – Rs 170,248
• NSC No. 02010950xxxxx – Rs 150,478

Current Interest Rate

The annual interest rate on NSC is 7.7% for the second quarter (July-September) of FY 2025-26.

• Interest is compounded.
• The government reviews this rate every quarter.
• For example, if an individual invests Rs 100,000, it will grow to Rs 144,903 after 5 years. This means they will earn Rs 44,903 in interest.

Safe and Reliable Investment Option

NSC is a safe and reliable investment option. PM Modi's investment in this scheme demonstrates his preference for options that offer safe and stable returns. This scheme is a great option for both tax savings and long-term savings.