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National Savings Certificate Scheme Overview by bhanupalavarapu is a document available to read on EtoBox.

What is National Savings Certificate Scheme Overview about?

The document summarizes the rules and conditions for National Savings Certificates issued by the Government of India. Key points include: - National Savings Certificate Rules 1989 will be called the National Savings Certificate Scheme 2019 effective December 12, 2019. - Accounts can be opened individually or jointly with a minimum of Rs. 1,000 and earn an interest rate of 6.8% annually. Principal and interest is paid out after 5 years. - Nomination is mandatory, even for minor accounts. An account hold

Author

bhanupalavarapu

Language

EN