ಪೋಸ್ಟ್ ಆಫೀಸ್ ರಾಷ್ಟ್ರೀಯ ಉಳಿತಾಯ ಪ್ರಮಾಣಪತ್ರ (ಎನ್‌ಎಸ್‌ಸಿ) ಬಗ್ಗೆ ನೀವು ತಿಳಿದುಕೊಳ್ಳಬೇಕಾದದ್ದು – ಎನ್‌ಡಿಟಿವಿ ಸುದ್ದಿ

ಪೋಸ್ಟ್ ಆಫೀಸ್ ರಾಷ್ಟ್ರೀಯ ಉಳಿತಾಯ ಪ್ರಮಾಣಪತ್ರ (ಎನ್‌ಎಸ್‌ಸಿ) ಬಗ್ಗೆ ನೀವು ತಿಳಿದುಕೊಳ್ಳಬೇಕಾದದ್ದು – ಎನ್‌ಡಿಟಿವಿ ಸುದ್ದಿ

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All You Need To Know About Post Office National Savings Certificate (NSC)

An NSC of Rs 100 grows to Rs 146.25 on maturity after five years, according to the India Post.

National Savings Certificate (NSC): India Post under the department of posts which operates the country’s postal network also offers savings and investment schemes. Currently, India Post offers nine different savings and investment schemes via network of over 1.5 lakh branches spread across the country. These schemes are Post Office Savings Account, National Savings Recurring Deposit Account, National Savings Time Deposit Account, National Savings Monthly Income Account, Senior Citizens Savings Scheme Account, Public Provident Fund Account , National Savings Certificates (NSC) (VIII Issue) Account, Kisan Vikas Patra Account and Sukanya Samriddhi Account. (Also Read: India Post Payments Bank Savings Accounts: Interest Rate And Other Details)

National Savings Certificate (VIII Issue) Account is one of the savings schemes being offered by the India Post under which the account holder can deposit minimum of Rs 1,000 and in multiples of Rs 100 thereof with no maximum limit for a period of five years. (Also Read: India Post Payments Bank (IPPB) Savings Accounts: Interest Rate, Types, Key Features)

National Savings Certificate: Here are interest rates, minimum investment amount, income tax and other benefits being by India Post under National Savings Certificate (NSC):

National Savings Certificate (NSC) Minimum Investment Amount

The minimum amount required for opening an NSC account is Rs 1,000 and in multiple of Rs 100 thereof and there is no maximum limit for amount that can be invested in an NSC account. (Also Read: India Post Internet Banking Facility: How To Register, Services Offered, Other Details)

National Savings Certificate (NSC) Interest rates

The NSC scheme offers an interest rate of 7.9 per cent, which is compounded annually but payable at maturity. An NSC of Rs 100 grows to Rs 146.25 on maturity after five years, according to the India Post. (Also Read: India Post Payments Bank: Transaction Limit And Charges You Pay For Instant Money Transfer)

National Savings Certificate (NSC) Income Tax benefits

The National Savings Certificate account holders qualify for tax rebate under Section 80C of the Income Tax Act. (Also Read: How Income Tax Structure Has Evolved In India In the 2010s)

National Savings Certificate (NSC) Investment Eligibility

A single holder type certificate can be purchased by an adult for self or on behalf of a minor, according to the India Post website. (Also Read: Looking To Invest In Post Office Kisan Vikas Patra Scheme? All You Need To Know)

National Savings Certificate (NSC) Transfer of certificates

The certificates are transferable. However, the name of old holder is rounded and that of the new holder is written on the same certificate, and the old certificates are not discharged.