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Personal loan against nsc

This query is : Resolved 

19 April 2015 Hi,

I purchased Rs1,00,000 worth of NSC VIII Certificates in FY2014-15 and I will deduct the same amount under Section 80C for my IT Returns. I wanted to know, if I can use these same certificates, for which I have claimed tax deduction, as collateral to get Personal Loan?

I would appreciate any expert in this field, who can answer my query.
Thanks

20 April 2015 http://savingwala.com/post-office-savings/loans-advance-against-national-savings-certificates-nsc-kisan-vikas-patra-kvp.html

20 April 2015 https://www.abhyudayabank.co.in/english/SODsecurities.aspx




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