Risk free return on your investment
National Savings certificate (NSC)
This is a fixed interest, long term instrument for investment. NSCs are issued by the Department of Post, Government of India. Since they are backed by the Government of India, NSCs are a virtually risk free avenue of investment. They can be bought from authorized post offices.
How it works
NSCs have a maturity of 6 years. They offer a rate of interest of 8% per annum which is compounded half yearly. Minimum investment is Rs. 100/- and no cap of maximum limit.
NSC’s …
Read the full story »
This is a fixed interest, long term instrument for investment. NSCs are issued by the Department of Post, Government of India. Since they are backed by the Government of India, NSCs are a virtually risk free avenue of investment. They can be bought from authorized post offices.
How it works
NSCs have a maturity of 6 years. They offer a rate of interest of 8% per annum which is compounded half yearly. Minimum investment is Rs. 100/- and no cap of maximum limit.
NSC’s …
Read the full story »
posted by Bramesh at
9:47 PM
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