Nsc Interest Rate 2024-23. Interest rate and tenure will be selected automatically by post office monthly income scheme calculator. The post office monthly income scheme allows an investor to invest a lumpsum amount and earn a monthly income in the form of interest for five years.
However, as the same gets accrued and reinvested, it becomes. On july 1, 2020, the government of india introduced a new scheme called frsb (floating rate savings bonds) that offers a 7.15% interest rate to its bondholders.