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NSC vs 5-year bank FD: Which is a better investment option?

Updated : September 12, 2020 11:15 AM IST

National Savings Certificate (NSC) and 5-year fixed deposit (FD) are two popular investment options for risk-averse investors looking for tax savings with a short investment horizon.
While NSC is a savings scheme recognized and validated by the government, fixed deposits are instruments offered by both private and public banks, post office and even by other non-banking financial institutions.
NSC vs 5-year bank FD: Which is a better investment option?

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