National Saving Certificate Loan

National Savings Certificates are government-backed savings instruments that offer a safe investment option. These certificates are usually used to diversify the investor’s portfolio due to their guaranteed return and tax-saving features.

Interest Rate of NSC Loan : Click Here

How to Take a Loan Against NSC?

If you wish to take a loan against NSC certificates, you need to follow these simple steps:

1. Collect the NC41 form from your nearest post office and fill it up with your required details

2. Submit the form along with the documents required for a loan against security

3. Once approved by the postmaster, pay the required fees at the post office

4. The post office shall release the pledge, and the amount will get transferred to your desired financial institution

5. Once the institution receives the pledged certificate, your loan amount will be sanctioned.

Documents:

• Photoid proof-Aadhar card,Pan card,Voter id,Election card.
• Income tax returns/salary slip.
• Original copy of the National Saving Certificate.
• Passport size photograph-2