abstract:National Savings Certificates popularly known as NSC is a saving bond , primarily used for small saving and income tax saving investment in India, part of the Postal savings system of Indian Postal Service (India Post). These can be purchased from a post office by an adult in his own name or in the name of a minor, a minor, a trust, two adults jointly.
InsuranceCorporationand the NationalCreditUnionAdministrationhavesignificantly expanded the amount of moneyinsured in savingsaccountsandcheckingaccounts and certificatesof deposit.