National Savings Certificate - How to Invest?
National Savings Certificate (NSC)
savings scheme issued by India Post
that offer a certain fixed interest rate to the investor.
interest rate is 7.7% p.a.
Interest compounded annually.
Zero risk of default.
Deduction under 80C.
Who can Invest?
All Indian citizens
can invest in NSC. Certificates can be purchased on behalf of a minor by their legal guardian.
Invest in NSC
Visit and request a
National Saving Certificate application form
at your nearest post office or bank branch.
Passport size photograph
Valid ID proof
Valid address proof
How to Invest?
submit the required documents, pay the initial amount
, i.e., between ₹1000 & in multiples, & you will receive the certificate.
Steps to Invest in
Open a bank or Post Office savings account.
Complete your KYC.
Invest in NSC via net-banking
Tenure of Investment
. However, If not withdrawn at maturity, you earn an interest rate equivalent to the Post Office Savings Scheme for the next
Earn 9 - 11%
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