Withdraw NSC with in 1-2 years?

[hvkumar]

Thanks for the info. Can I take loan against above NSC? Tell me the procedure of the same.

[harry1976]

Can I take loan against above NSC? Tell me the procedure of the same.

Yes you can. Loan can be taken against the certificates by pledging it to the bank. The bank will have the NSC assigned in its favour and advance a percentage of up to 75% of face value plus the amount of accrued interest till the date of taking the loan.