Question: Am I eligible for National Savings Certificates (VIII-Issue) Scheme?

Answer: Here are the eligibility criteria for National Savings Certificates (VIII-Issue) Scheme:

Ministry Of FinanceNational Savings Certificates (VIII-Issue)
SchemeCertificateInvestmentSavingsDetailsBenefitsEligibilityApplication ProcessDocuments RequiredFrequently Asked QuestionsThe
scheme â€œNational Savings Certificates (VIII-Issue) Schemeâ€​ was launched by the Department of Economic Affairs, Ministry of
Finance, Government of India to promote a culture of long-term savings among individuals. Under the scheme, an individual can deposit
a minimum of â‚¹1000/- and thereafter in multiple of â‚¹100/- with no maximum deposit limit for 5 5-year maturity period. The following
type of accounts can be opened under the Scheme, namely:-Single Holder Type Account: This type of account may be opened by an
adult for himself, or on behalf of a minor or a person of unsound mind of whom he is the guardian; or by a minor who has attained the
age of 10 years.Joint A- Type Account: This type of account may be opened jointly in the names of upto three adults payable to all the
holders jointly or to the survivor or survivors.Joint B- Type Account: This type of account may be opened jointly in the name of upto
three adults payable to any of the account holders or to the survivor or survivors. OkWas this helpful?ShareNews and UpdatesNo new
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