National saving certificates

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NSC
  • Scheme specially designed for businessmen and other salaried class who pay income tax.
  • No maximum limit for investment.
  • No tax deduction at source.
  • Trust and Hindu Undivided Family cannot invest.



Buy National Savings Certificates (NCS) every month for 5 years and re-invest on maturity and relax.
on maturity you will be receiving monthly pension.


    NSC
  • A single holder type certificates can be purchased by an adult for himself or on behalf of a minor or to a minor.
  • deposits qualify for tax rebate under Sec. 80C of Income Tax Act.
  • Transfer on certificates can be done from one person to another person but only once from the the date of issue to date of maturity.


To know more about NSC in hindi language click on the following link:


To know more about other financial instruments click on the following link:
https://weplanforfuture.blogspot.in/

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