How do I claim my lost NSC?

Process for applying for duplicate NSC certificate

1. Complete the application form and submit the same at the nearest Post Office branch.
2. The application form has to be accompanied by a statement that includes information like name, amount, account number and date of issuance, as well as the reason for new certificate.

What happens if I lost my NSC certificate?

If a National Savings Certificate (NSC) is lost, stolen, destroyed, mutilated or defaced, the person entitled there to may apply for the issue of a duplicate certificate to the post office where the certificate is registered or to any other post office in which case the application will be forwarded to the post office …

How can I check my NSC details online?

If you have a Savings account with Bank/Post office, you can buy NSC or KVP certificates in e-mode. You should have access to internet banking. If you do not have Savings account, you have to open savings account and apply for Internet Banking before the purchase of NSC or KVP.

What is the maturity period of NSC?

five years
NSC comes with a fixed maturity period of five years. There is no maximum limit on the purchase of NSCs, but only investments of up to Rs. 1.5 lakh can earn you a tax break under Section 80C of the Income Tax Act. The certificates earn a fixed interest, which is currently at a rate of 6.8\% per annum.

How can I break NSC before maturity?

NSC comes with a lock-in period of 5 years, i.e. it cannot be withdrawn before maturity. As exemption, NSC can be prematurely withdrawn only in the following circumstances: On the death of a single account, or any or all the account holders in a joint account. On forfeiture by a pledgee being a Gazetted officer.

Can post office check NSC online?

To check your post office savings account balance via online banking you need to first create an account at the official website of India Post. Sign in to the DoP e-banking portal and enter your User ID/Password. You will now get an OTP on your registered mobile number.

How do I find my NSC number?

How do I find my NSC number? You’ll be able to find your NSC number, as well as your IBAN and all the other details you might need to make or receive a payment, on account statements, or by logging into your online banking. You can also use the handy online NSC finder tool here to generate the NSC for your bank.

Is maturity proceeds of NSC taxable?

Is NSC taxable on withdrawal? NSC is paid on maturity, this includes the invested amount and the interest earned. The initial investment is tax-free provided that you have filled it for deduction u/s 80C.

How can I get NSC certificate online?

Presently, NSCs cannot be bought online. Following are the key steps for making NSC investments: Fill out the NSC application Form, available online as well as at all Indian post offices. Submit self-attested copies of required KYC documents.

Can we take loan against NSC?

There are two options with regard to taking loan against security of NSCs — either you can take a flat loan against NSC and pay in monthly EMIs or you can obtain an overdraft facility against security of these. The banks normally grant you a loan up to 80\% to 85\% of the face value of the NSCs.

What happens if the NSC certificate is lost?

If the Officer-In-Charge is satisfied about the NSC certificate details and circumstances attending such loss, he may issue a duplicate Certificate.The officer-in-charge will request the applicant to furnish in an indemnity bond on behalf of the NSC certificate lost in the prescribed NSC certificate form with sureties or with bank’s guarantee.

How to claim the maturity amount of NSC after death?

• To claim the maturity amount, nominee has to present the death certificate of the certificate holder along with the application. NSC comes with a lock-in of 5 years so premature withdrawals are not permitted. However, there are few exceptions to this rule, and premature withdrawal is permitted under below-mentioned circumstances:

Can a duplicate NSC be issued?

A duplicate National Savings Certificate (NSC) issued shall be treated as equivalent to the original National Savings Certificate (NSC) for all the purposes of these rules except that it shall not be en-cashable at a post office other than the post office at which such certificate is registered without previous verification.

What happens if a National Savings Certificate is lost or stolen?

If a National Savings Certificate (NSC) is lost, stolen, destroyed, mutilated or defaced, the person entitled there to may apply for the issue of a duplicate certificate to the post office where the certificate is registered or to any other post office in which case the application will be forwarded to the post office of registration.