Backed small savings scheme, scss ensures highest security with a regular income source.
In this article lets focus upon the fine prints of this financial product find out whether one should really buy NSC.
So its best suited for persons who want to save tax and earn a reasonable rate of interest.But you need to apply within one year of maturity by giving an application in prescribed format.Can be pledged as security: Yes, can be pledged as security by simply filling in the from: Note : Transfer of Certificates as security to private individual is prohibited.The current post office scss interest rate 2018.3 per year.So its better married women looking for sex on the side to invest in some tax saving instrument where interest is also tax free.All the nominations made earlier will be void.In case NSC(s) are lost/destroyed:.Top, post Office Recurring Deposit (pord) Calculator.Joint A Type Certificate: Issued jointly to two adults.After 9 years 2 months After 9 years or more but before 9 years 4 months On maturity.e.So select the one that best suits your need.Amount Payable on Maturity, top, nSC ( IX Issue ) Maturity Value and Accrued Interest Calculator.236.75 after 10 years).
Nomination facility: One can nominate one or more than one person at the time of submitting the application for purchase of NSC.In case of a cheque, the date of realization of the cheque is considered as the date of opening of account.Ten years certificate @.8 indianpad com mature date compounded half yearly.e.1st April 2013 five year certificate @.5 compounded half yearly.e.Amount Payable on Maturity, note : Sale of NSC ( IX Issue ) has been discontinued.e.f.People generally buy NSC to save tax u/s.For the purpose of interest, any part of period which is less than one month shall be ignored.However, you need to open the account within one month of receipt of retirement benefits.Where Can You Open an Account?
And, the quarterly interest of scss is payable on 1st working day of April, July, jeff larsen san francisco looking for sex October and January.