NSC, MIS through banks? Please guide.

Q & A ForumCategory: InvestmentsNSC, MIS through banks? Please guide.
Kathrotiya asked 8 years ago
Can we take Post office services like NSC, MIS through banks? Please guide.
1 Answers
Sreekanth Staff answered 8 years ago
Hi, Govt allows all Public Sector Banks and top three Private Banks (ICICI, HDFC & Axis) to accept deposits under Small Savings Schemes like National Savings Certificate (NSC), Recurring Deposits and Monthly Income Scheme (MIS). Until now, most of the small savings schemes were sold through post offices only. So, Banks can now accept the subscriptions for NSCs, MIS, RDs, PPF, Sukanya Samriddhi Account, KVP & Sr.Citizen Savings Scheme. You may kindly check with your banker about the availability for purchase of the mentioned schemes.
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