DEAR ALL,
GOOD NOON
I FIND SOME DIFFICULTIES ! PLEASE HELP
PLEASE GIVE ME DETAIL ABOUT NATIONAL SAVING CERTIFICATES, WHAT IS THE PROCESS AND HOW CAN I REDEEMED IT.
THANKS & REGARDS
RAJ KUMAR
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From where & how i can get n.s.c.
Replies (3)
U can take the NSC from Post office, they are redeemable after the end of 6 years.
THANKS NITIN,
BUT I WANT KNOW ABOUT THE PROCESS,
DIFF BETWEEN NSC VIII & NSC IX
Distinction Between NSC VIII and NSC IX
| Particulars | NSC VIII | NSC IX |
| who can invest | All persons ( NRI's not eligible to purchase NSC) | All persons ( NRI's not eligible to purchase NSC) |
| Life/Lock in period | 5 years | 10 years |
| interest | 8.6% P.A | 8.9% P.A. |
| Tax Benefits | Investment eligible for Deduction U/s 80C. NO TDS on Interest and withdrawl. | Investment eligible for Deduction U/s 80C. NO TDS on Interest and withdrawl. |
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