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How Does a National Savings Certificate Work?
National Savings Certificate (NSC) is a simple one-time investment option that enables individuals to invest a lump-sum amount and earn a fixed interest rate over a defined period.
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1. National Savings Certificate
This National Savings Certificate (NSC) is a relatively low-risk investment plan that yields fixed and higher returns. However, one important thing that an investor must keep in mind is that to avail the National Saving certificate; a person must be over 18 years of age.