Know all about - National Savings Certificate (NSC)

Investment Type Assured Returns Tax Treatment Lock-in Period
NSC
7.5 - 8.5%
Assured
Interest is taxable 5 years

National Savings Certificate (NSC) - Features & Income Tax Benefits

nsc main features

National Savings Certificate is the scheme issued by Indian government through post offices. NSCs can be purchased by any individual in India with a maturity period of five years. The buyer can claim a deduction of a maximum of Rs 1.5 lakh by investing in NSC. These can be used as a security for availing loans from banks or financial institutions.

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