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National Savings Certificate
URI:
https://gptkb.org/entity/National_Savings_Certificate
GPTKB entity
Statements (42)
Predicate
Object
gptkbp:instanceOf
savings bond
gptkbp:availableOn
post offices
selected banks
gptkbp:benefit
gptkb:Section_80C_of_Income_Tax_Act
gptkbp:collateralForLoan
yes
gptkbp:country
gptkb:India
gptkbp:denomination
Rs. 100
Rs. 1000
Rs. 10000
Rs. 500
Rs. 5000
gptkbp:digitalForm
e-mode available
gptkbp:eligibility
individuals
minors
trusts
https://www.w3.org/2000/01/rdf-schema#label
National Savings Certificate
gptkbp:interestCompounding
annual
gptkbp:issuedBy
gptkb:Government_of_India
gptkbp:jointHolding
allowed
gptkbp:language
gptkb:Hindi
English
gptkbp:launched
1950s
gptkbp:lockInPeriod
5 years
gptkbp:mainInterest
fixed
varies periodically
gptkbp:maturityAmount
principal plus interest
gptkbp:maximumLoanAmount
can be pledged as security
gptkbp:minimumInvestment
no upper limit
Rs. 100
gptkbp:nominationFacility
yes
gptkbp:offeredBy
gptkb:India_Post
gptkbp:physicalForm
gptkb:certification
gptkbp:prematureWithdrawal
not allowed except in special cases
gptkbp:purpose
encourage small savings
provide safe investment option
gptkbp:reinvestment
allowed
gptkbp:supportedBy
sovereign guarantee
gptkbp:taxOnInterest
taxable
gptkbp:TDP
not applicable
gptkbp:transferredTo
no
gptkbp:bfsParent
gptkb:NSC
gptkbp:bfsLayer
5