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Difference between Lic n Nsc

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Difference between Lic n Nsc

    • Posted by Diya Sati 3 years, 5 months ago

    CBSE > Class 12 > Home Science
    • 1 answers

    Sia ? 3 years, 5 months ago

    S.No  Features LIC NSC
    (i) Time period May mature after death/longer period of investment. Mature after 5 years and 10 years.Its shorter period of Investment
    (ii) Maximum Limit Investment limit according to the sum insured. No limit of investment
    (iii) Minimum limit According to Policy Rs. 100
    (iv) Loan Available Available
    (v) Tax rebate Available Available
    (vi) Premature Withdrawal Not available Not available
    (vii) Interest Taxable or Tax-free rate of Interest w.e.f Apri,2014 Low rate Higher rate of Interest
    (viii) When to Invest Investment payment to be done periodically. Every year/quarterly. Investment to be done once in a lump sum in the beginning.

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