​National Savings Certificate (NSC) Scheme

  • On 14th May, 2024, Prime Minister disclosed his investments in the National Savings Certificate (NSC) scheme.
  • NSC is a fixed-income investment scheme introduced by the Government of India. It is designed to encourage investment and tax savings, especially for low- to mid-income investors.
  • NSCs can be purchased at any post office. Only individual Indian citizens who are residents of India are eligible to invest in the scheme.
  • There is no age restriction for purchasing NSC. Hindu Undivided Families (HUFs), trusts, and private and public limited companies cannot invest.
  • The investment matures after five years. There is no maximum limit on the amount that ....
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