How to invest in Post Office National Saving Certificate (NSC) VIII Issue

To know how NSC is beneficial Refer to article

  1. National Saving Certificate (NSC) VIII Issue
  2. Post office NSC vs. Bank Tax Saving Fixed Deposit

Here are the steps to follow:

  1. Reach nearest post office in person (or)  you can send any of your representative for this deposit
  2. There will be an Application form (that reads most of it in Hindi only) for Post Office National Saving Certificate (NSC) VIII Issue
  3. Each Application can issue a maximum of  Rs. 50,000 (you need to fill more number of forms if you want to invest amount more than 50K)
  4. Fill out the application form
    1. Your Name
    2. Nominee with Full Address
    3. Your Sign and Full Address
  5. Documents to be carried if you are investing for the first time with that branch (each set required for each application)
    1. Identity Proof  (Xerox copy)
    2. Address Proof (Xerox copy)
    3. PAN Card (Xerox copy)
    4. One Passport photograph
  6. It hardly take a 10-15 mins for the certificates issue if there is no queue
  7. You need to carry cash for instant issuance of the certificates
  8. Optionally, PO also accepts the Cheque but it take two weeks processing time and you’ll be issued certificates only after the cheque transaction is complete
  9. Additionally, you’ll get a o.5% commission instantly on your deposit amount
  10. You can deposit the same via authorized agents/brokers who can give you upto 2% commission instantly but it take few days for them to get the certificates and you should do this with only trustworthy agents

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