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There is no maximum limit on the purchase of NSCs. NSC comes with a fixed maturity period of five years. You can invest in NSC from the nearest post office in your name, for a minor or with another adult as a joint account. This is an initiative by the Government of India and encourages subscribers – mainly small to mid-income investors – to invest while saving also saving on income tax. The National Savings Certificate (NSC) is a fixed-income investment scheme that you can open with any post office branch.

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