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Looking To Invest In National Savings Certificate? New Interest Rate And Other Details

Interest on National Savings Certificate is compounded on an annual basis but paid on maturity
Interest on National Savings Certificate is compounded on an annual basis but paid on maturity
The money invested in NSC or National Savings Certificate will earn a higher return from next month. The government has announced up to 0.4 per cent increase in interest rates applicable to small savings schemes such as the National Savings Certificate. The revised interest rates will be effective for the fiscal's third quarter, from October 1 to December 31, 2018, according to the Ministry of Finance. NSC is among the 12 national sa...
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