13/06/2019
National savings Certificate is a tax saving scheme , deposit under this scheme qualify for tax deduction under section 80C of the IT ACT. It's available through out the year. It can be operate either singly or jointly, and in case of minor , with parents or guardians.
✓ MINIMUM INVESTMENT LIMIT IS ₹100 WITH NO UPPER LIMIT.
✓ THE SCHEME HAS MATURITY PERIOD OF ONE YEAR.
✓ NATIONAL SAVINGS CERTIFICATE IS
✓ TRANSFERABLE AND THEIR IS A PROVISION OF LOAN ON THE BASIS OF THE SCHEME
