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National Savings Certificate

Posted on May 30th, 2008 in Indian Postoffice Savings

Who can purchase :

An adult in his own name or on behalf of a minor,
A minor,
A trust,
Two adults jointly,
Hindu Undivided Family.

Where available
Available for purchase/issue at all Post Offices in India.
Minimum Purchase Value
The minimum amount of investment under NSC is Rs 100/-
Maturity
Period of maturity of a certificate is six Years.
Nomination / Transferability:

Nomination facility is available.
Certificates can [...]