How many NSC can I buy in post office?

NSC investments offer flexibility to its investors due to the low minimum investment requirement of Rs. 100 and no maximum limit. National Savings Certificates are available at all the Indian Post Offices and hence, can be easily purchased.

What is the limit for National Saving Certificate?

Yes, minimum deposit limit is Rs. 5000/- but maximum limit for single investor is 5 million rupees and as joint investor 10 million rupees.

Can we continue NSC after 5 years?

Tenure: NSC VIII has a tenure of 5 years whereas NSC IX has a 10-year duration. Investment: The minimum investment required under this scheme is Rs. 500 while there is no limit to the maximum. NSC VIII and NSC IX are currently being offered at 8.5\% and 8.8\% respectively.

Who can purchase National Savings Certificates?

If you have a Savings account with Bank/Post office, you can buy NSC certificates in e-mode, provided you have access to internet banking. It can be bought by an investor for self or on behalf of minor or with another adult as a joint account.

Can you still buy National Savings Certificates?

These certificates are no longer on general sale, but they are still available to existing savers who can renew them at maturity. They can opt for a 2, 3- or 5-year term. If you have a certificate maturing soon, you’ll have to decide whether to roll over your savings or cash in and move your money elsewhere.

Can we buy NSC from SBI?

If you have a Savings account with Bank/Post office, you can buy NSC or KVP certificates in e-mode. You should have access to internet banking. Minimum amount that can be invested in NSC is Rs 100. Minimum amount that can be invested in KVP is Rs 1,000.

What is maximum age limit for opening PPF account?

no age
PPF accounts can be started at any time. Given that there is no age limit to open PPF account, all that matters is that contributions are made at regular intervals of time so as to earn healthy returns in the future.