NSC from 1st July 2016

Hi, The sale of Pre-printed NSC (National Savings Certificate) & KVP (Kisan Vikas Patra) Certificates will be discontinued w.e.f 01-July-2016. Henceforth, the certificates shall be recorded in a Passbook. Detailed Procedure for accepting deposits for issue of NSC/KVP in the shape of Passbooks shall be issued shortly by the Ministry of Communication & IT (Dept of Posts). The interest rates of Post Office Small Savings Schemes for the 2nd Quarter of Financial Year 2016-17 have been kept unchanged. The Rates of interest will be same as above w.e.f. 01-July-2016 to 30-Sep-2016. Kindly read this article regarding NEW NORMS related to Small Savings Schemes : Post Office Small Savings Schemes Interest Rates : New Rules & Guidelines.