How I can get encashment of certificates / account before maturity?
National Savings Certificate - No premature encashment possible. Maturity period is 5 Years.
Different Savings Accounts
Savings Bank - Can be closed at any time
Recurring Deposit - Premature closure permissible after 3 years - only SB rate is permissible
Time Deposit - Premature closure permissible after 6 months
Monthly Income Scheme - Premature closure permissible after 1 year
Senior Citizen - Premature closure after 1 year
Keywords
National Savings Certificate, NSC, Savings Bank, Post Office Monthly Income Scheme, MIS, Post Office Time Deposit Scheme, TD, Public Provident Fund, PPF, Senior Citizen's Savings Scheme