National Savings Certificate, Service Location All India, Financial Scheme Mendaki Tuition Subsidy

Low risk. It comes in denominations of rs. 100, 500, 1000, 5000 and 10, 000. The designs are available at any post office. The maturity period is six years while the The interest percentage stands at 8 percent compounded half yearly. If you pay you will, In cash transform into given the national savings certificate then and there. If you pay you are, By cheque provided with to wait a week before you can collect the nsc qualification granted by the post office. Interest is taxable.