NSC Full Form
The NSC full form is National Saving Certificate. National Saving Certificate is a fixed income investment scheme that can be open in any post office branch near you. The Government of India initiative this scheme.
The NSC is like Public Provident Fund (PPF) and Post Office PDs. This scheme has a low risk of income investment product. You can easily buy this from the nearest post office in your name. NSC scheme is for five years (fixed maturity period).
There is no limit to the purchase of NSC’s but only investments of over toRs.1.5 lakh can earn you a tax break under Section 80C of the Income Tax Act. The instruments earn a fixed interest, which is presently at a rate of6.8 per annum. The interest rate is recast on a regular basis by the government.
Anyone looking for a safe investment avenue to earn a steady interest while saving on levies can choose to invest in NSC. National Saving Certificate offers guaranteed interest and complete capital protection. Still, like utmost fixed income schemes, they can not deliver affectation- beating returns like duty- saving collective finances and the National Pension System. The government has made NSC fluently accessible for prospective investors by making it available in post office branches spread across the country.
|NSC Full Form||Category||Term|
|National Safety Council||Indian Ministry of Labour and Employment||NSC|
|Non-Standard Facilities Command||Computer and Networking||NSC|
|Network Service Center||Telecommunication||NSC|
|Network Systems Corporation||Networking||NSC|
|National Savings Certificate||Banking||NSC|
|National Student Council (icaew)||Accounts and Finance||NSC|
|Nevada State College||Educational Institute||NSC|
|National Securities Commission||Stock Exchange||NSC|
|Nanaimo Skating Club||Sports||NSC|
|National Sports Center||Sports||NSC|
|National Ski Council||Sports||NSC|
|National Security Council||Military and Defence||NSC|
|National Simulations Center||Military and Defence||NSC|
|Naval Supply Corps||Military and Defence||NSC|
|Nato Shipping Centre||Military and Defence|