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Q.

Maturity period of the MIS (Monthly Income Scheme) and NSC (National Savings Certificate) was SIX years, what is it going to be as per the latest orders?

Tags: money, savings, income
Asked by Sridhar, 12 Nov '11 09:20 am
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Answers (8)

 
1.

The maturity for Monthly Income Scheme (MIS) and National Savings Certificate (NSC) would be reduced to five years from six years and a new NSC instrument with a maturity of 10 years would be introduced.
Answered by venkatesaldevarajan, 12 Nov '11 09:22 am

 
  
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2.

5 Years , rate of interest 8.2%
Answered by klm, 26 Nov '11 12:22 pm

 
  
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3.

5 yrs
Answered by dhanendra kumar jain, 12 Nov '11 10:14 am

 
  
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4.

But no one know if it is for new policies or old
Answered by vilas manohar deshpande, 12 Nov '11 09:53 am

 
  
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5.

In the case of MIS, a year is being reduced, while for NSC investments, the period of maturity is extended by four more years...!
Answered by Dil Se, 12 Nov '11 09:26 am

 
  
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6.

5 yrs
Answered by Chandra Krishna, 12 Nov '11 09:26 am

 
  
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7.

Reduced to FIVE years from SIX year maturity for both MIS & NSC. For MIS -bonus of 5 % is cancelled- Rate of interest increased to 8.2% PA from 8 % & for NSC interest is 8.7 % PA from 8 %PA
Answered by radhakrishnan, 12 Nov '11 09:24 am

 
  
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8.

5 years sir, can u tell are u preparing for next season of KBC
Answered by Gunda, 12 Nov '11 09:21 am

 
  
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