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what are the different types of national savings certificate?

Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 Anju asked over 2 years ago

what are the different types of national savings certificate?

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 narahari answered over 2 years ago

-Scheme specially designed for Government employees, Businessmen and other salaried classes who are Income Tax assesses. -No maximum limit for investment. -No Tax deduction at source. -Certificates can be kept as collateral security to get loan from banks. -Trust and HUF cannot invest. -Rate of interest 8.50%.

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