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National Savings Certificate-VIII Issue
INTRODUCTION:
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Account matures in 5 years
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Minimum deposit ₹1000/- and thereafter in multiple of ₹100.
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No maximum deposit limit.
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A single holder type account may be opened by an adult for himself or on behalf of a minor.
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A single holder type account may also be opened by a minor on attaining the age of 10 years.
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Joint 'A' Type account may be opened by up to three adults payable to both the holders jointly or to the survivor.
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Joint 'B' Type account may be opened by up to three adults payable to either of the survivor.
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Loan facility available by pledging with the banks.
Click for Scheme Rule(
1989 and 2019 )
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