Special Savings Certificates (SSCs) scheme was launched keeping in view the needs & demands of small & medium range investors with a unique investment ...
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People also ask
What is the maturity value of NSC after 5 years?
How to Calculate NSC Maturity Amount? Let's understand this with an example: Suppose you purchased an NSC certificate by investing ₹50,000 for 5 years at an interest rate of 6.8% compounded annually. Therefore, the NSC amount on maturity after 5 years, providing 6.8% annual interest, will be ₹69,000.
Can I open an NSC online?
Fill out the NSC application Form, available online as well as at all Indian post offices. Submit self-attested copies of required KYC documents. You must carry the original documents as well for further verification.
How do I withdraw my national saving certificate?
National Savings Certificate – Maturity Withdrawal Rules:
1
Submit the original NSC alongside your identity proof to the encashing post office.
2
The dealing official verifies the credentials from the issuing branch through the CBS channel.
3
You receive the maturity proceeds immediately after the successful verification.
What is the current interest rate on a national saving certificate?
Key Things to Know About NSC | |
Interest Rate | 7.7% pa |
Minimum Investment | Rs 1000/- and in multiples of Rs. 100 |
Maximum Investment | No Maximum Limit |
Special Saving Certificate. Special Savings Certificates (SSCs) with a (maturity period of three years) was launched on February 4, 1990 that offers a unique ...
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National Savings Certificate-VIII Issue. INTRODUCTION: Account matures in 5 years. Minimum deposit ₹1000/- and thereafter in multiple of ₹100.
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May 24, 2024 · It is perfect for those looking to make a small investment earning a guaranteed return while saving taxes on investments up to Rs 1.5 Lakh.
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The National Savings Certificate (NSC) Calculator is a useful tool for helping investors to determine their returns and plan their investments effectively. By ...
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May 15, 2024 · The National Savings Certificate (NSC) is a fixed-income investment scheme that you can open with any post office branch.
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Aug 16, 2022 · National Savings Certificate (NSC) is a small saving certificate scheme backed by the Government of India. The scheme is one of the postal ...
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SIGINT plays a vital role in our national security by providing America's leaders with critical information they need to defend our country, save lives, and ...
These Certificates are available in the denominations of: 500/-, Rs.1000/-, Rs. 5,000/-, Rs. 10,000/-, Rs. 50,000/, Rs. 100,000/-, Rs. 500,000/-, ...
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