Savingwala



financial advisor for small saving

National Savings Certificate (NSC)

Posted on May 30th, 2008 in Indian Postoffice Savings

National Savings Certificate is a saving plan offered by Indian Post office. National Savings Certificate

is most popular among the middle class families and salaried persons in India.

Time Deposit

Posted on May 30th, 2008 in Indian Postoffice Savings

Post office Time deposit scheme is a type of fixed deposit account offered by Department of post, Government of India at all post office. This saving plan is best for those investors who want to deposit a lump sum for a fixed period. Investor gets a lump sum (principal + interest) at the maturity of the deposit, where rate of interest on investment depend on the term of deposit.