Notification

NSC Loan

Nature of Loan - LOANS ON N.S.C

Rate of Interest - 13.50%

If you are a holder of NSC and looking for some loan, please read this page of help

Eligibility for Loan against NSC : Applicant must have National Savings Certificate in own name. You can not avail loan on someone else savings instrument.

Purpose for loan : You can avail loan on your investment for any business/personal purpose, but not for speculative ones.

Charges and interest : Charges and interest rates on loan keeps varies time to time, Bank may charge processing fees against the loan grant.

Loan Amount : Amount of loan depends on the bank rules, from where you are going to apply for loan. Normally it depends on the number of years the NSC certificate is.

Repayment Period : Loan to be liquidated within the tenure of the instruments or earlier.