Where to buy nsc certificate online

Step 2: Attach self-attested copies of the documents and proofs as required by the Post Office. Carry the original documents as well for verification. Step 3: Make the payment of your investment in the form of cash, cheque, or demand draft.

Step 4: Upon processing your application, an acknowledgement of the same will be provided marking the initiation of your NSC account. It is important that you stick to one of the methods mentioned above throughout the NSC tenure. Experts prefer that you choose Method 1 as the interest and income will be distributed throughout the tenure and does not accumulate to the last year.

To make this difference evident, here is a comparison table. You must know that the interest on NSC is compounded on a yearly basis. That is the interest you calculate on the principal amount invested in NSC should be added to the principal amount to get the principal amount for the second year. You can calculate interest using our simple and compound interest calculator. Upon maturity, the NSC can be encashed at any Post Office branch and not necessarily at the branch where the account is held.

When you want to encash the maturity amount, you have to carry the following documents with you:. Both these government-backed schemes are famous for years now.

Though both these options come with minimal risk, they both have their own benefits and drawbacks. You can choose between the two based on your investment objectives. NSC will take about When you submit the application form to open the NSC account along with the KYC documents, you will have to make the payment towards the same.

You have to opt for the online passbook service for NSC account by informing the Post Office branch regarding the same. The executives will give you the internet banking credentials to be used. Then, you can log into the account to view all the transaction details on your NSC account. This facility is available only at the select branches of Post Office. In order to transfer the NSC account from one Post Office branch to another, you have to submit an application at the old branch or the new branch.

Further, the application must have the signatures of all the account holders in the case of Joint A or B account type. Step 3: Select the account holder type and account type from the available options. Step 5: Specify the amount you would like to deposit to open the account in figures and words. IF providing cheque or DD, please write the serial number and date on it. Step 6: Now, provide all the personal and contact details of the applicants in the table 2.

Step 7: All the applicants must add their signatures at the end of the page along with their names. The NSC certificate number will be provided right on the certificate. NSC comes with a lock-in period of 5 years, i. As exemption, NSC can be prematurely withdrawn only in the following circumstances:. The below table provides a comparison of the two schemes. If you are confused on which product to choose to save taxes, refer to the below table before deciding:.

NSC is one of the most popular investment tool and I am sure this will bring very good control in vestment in coming days. Will there be any option to register them also to track? Thanks sree for this update. Dear Santanu, I believe that it is possible to convert physical certificates to e-mode or passbook mode certificates. Please log in again. The login page will open in a new tab. After logging in you can close it and return to this page.

Until now, most of the small savings schemes were sold through post offices only. Citizen Savings Scheme. Dear Sadan, NSC are not inflation-indexed. NSS are different ones. Dear sir I have lost my KVP certificates issued long back in , I visited post office, officials refused to provide any help in the absence of certificates.

Dear Dilip.. Hi Sreekanth, Is it possible to increase the investment every month in NSC or is it a one time payment only. Thanks, Mani. Dear Mani, You can buy new certificates every time.. An immediate response would be of great help.

I will wait for your kind guidance on this. Thank you in advance. Regards, A Kaur. Please advice…. Dear Sudhakar.. You can take a copy of Passbook statement.. Hello Srikanth, I got kvp from agent 1 year back. How to check that bond is original or not.

Regards, Satheesh. Dear Satheesh.. The scheme can be purchased from any post office branch. NSC also offers tax benefits to investors. Know how to buy this this scheme! Pc Credit: PTI. This scheme can be opened by a minimum investment of Rs 1, with multiples of Rs , thereafter. There is no maximum limit on this scheme. NSC currently, gives an interest rate of 6. Pic Credit: PTI.