How much return will I get from my National Savings Certificate (NSC)?
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Written on: 24.11.2009 [01:22]
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Bentley
Bentley
Topic creator
Posts: 1
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I am planning to invest around Rs. 10,000 in a National Savings Certificate (NSC) but was wondering what kind of rate of return I am going to expect? If I wanted to say double my investment, is this possible? How long would this take? How much tax am I looking to pay in taxes? |
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Written on: 28.11.2009 [02:46]
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Jule
Jule
Posts: 6
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I think they say that the average time it takes to double your investment with NSC’s is around 8 years. But that is just what I have heard I couldn’t tell you from personal experience. You could also use a SIP calculator as then you should be able to see how much you will get back http://www.moneyvriksh.com/sipcalculator |
| Also very interesting: | |
