National Savings Certificates (NSC)
NSC VIII Issue
NSC IX Issue
No maximum limit for investment.
INR. 100/- grows to INR 234.35 after 10 years.
Minimum INR. 100/- No maximum limit available in denominations of INR. 100/-,
500/-, 1000/-, 5000/- & INR. 10,000/-.
A single holder type certificate can be purchased by an adult for himself or on
behalf of a minor or to a minor.
Rate of interest 8.80%.
Maturity value of a certificate of INR.100/- purchased on or after 1.4.2012
shall be INR. 236.60 after 10 years.
Buy National Savings Certificates (NSCs) every month for Five years – Re-invest
on maturity and relax - On retirement it will fetch you monthly pension as the
National Savings Certificate Act