Members/Nominal Members of the Bank including illiterate persons. If NSC is in the name of a minor, the guardian of the minor can avail the loan for the benefit of the former.
Personal exigencies/Business.
Demand Loan.
As per Banks Guidelines*
Maximum four years or maturity of NSCs, whichever is earlier.
Interest will be applicable as per the Bank's prevailing Interest rates and scheme terms. click here