Nsc


#1

Is there only 5 year NSC and no 10 year NSC? What is the interest?


#2

Hi,

Previously, two types of NSCs were available, namely the 5 year NSC (NSC VIII) and the 10 year NSC (NSC IX). However, following the discontinuation of the 10 year NSC, at present only the 5 year NSC is available for subscription. For the quarter October to December 2018, the interest rate on 5 year NSCs is 8% p.a, compounding yearly.

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Cheers,
Team BB