National Saving Certificates (NSC): Secure Financial Growth
"The NSC full form is National Savings Certificate. It is a secure investment option with guaranteed returns for risk-averse individuals. It has a 5-year lock-in period with an annual interest rate of 6.8%.
It can be invested at any post office in India and is ideal for salaried individuals and senior citizens. The NSC scheme is a popular tax-saving investment under Section 80C of the Income Tax Act 1961.