usha
asked
who are eligible to invest money under national savings certificate scheme? and who are not eligible?
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acharya
answered
NRI’s are not eligible to purchase National Savings Certificate (NSC). However, if a person was a Resident Indian at the time of purchasing the NSC and become a NRI during the maturity period, he shall be allowed to claim benefits of this scheme.
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Anshul Dhawan
answered
NRI’s are not eligible to purchase National Savings Certificate (NSC). However, if a person was a Resident Indian at the time of purchasing the NSC and become a NRI during the maturity period, he shall be allowed to claim benefits of this scheme.
HUF’s and Trusts are also not eligible to invest in this savings scheme.
Rest all are eligible.
