Hello Community Members,
Previously, banks or post offices issued physical NSC certificates. This has been discontinued since 2016. At the moment, certificates can be bought either in electronic mode (e-mode) or Passbook mode.
While the passbook method is unpopular and comparatively more tedious, you can effortlessly buy an NSC scheme with a savings account at an authorized bank or post office. It is important to note, however, that you would be required to activate your Internet banking to do the same.
Steps to Invest in NSC Offline
To invest in NSC offline, follow the listed steps:
Step 1: Collect the NSC application form online or at any post office.
Step 2: Fill out the form with all the details.
Step 3: Submit the form with self-attested copies of the required KYC documents.
Step 4: Take the original documents for verification and pay the amount you want to invest.
Step 5: Upon approval, collect the NSC of your application.
Steps to Apply for NSC Online
Step 1: Open Department of Posts (DOP) net banking and log in.
Step 2: Under ‘General Services’, select ‘Service Requests’.
Step 3: Click on ‘New Requests’ and choose ‘NSC Account – Open an NSC Account (For NSC)’.
Step 4: Enter the deposit amount and choose the debit account linked to the PO savings account.
Step 5: Choose ‘Click Here’ to run through the terms and conditions. Accept them once done.
Step 6: Enter the transaction password and click on ‘Submit’.
Step 7: The deposit receipt will be there to view and download.
Step 8: Login and click on ‘Accounts’ to view the details of your NSC account.
Documents required to apply for NSC
Investors are required to submit:
- Identity proof, such as a passport, permanent account number (PAN) card, driver’s license, senior citizen ID, or any other official government identification
- Photograph.
- Address proof, like electricity bill, passport, phone bill, or bank statement.
Community Manager.