Withdraw NSC with in 1-2 years?

[hvkumar]

Thanks again for answering my query. Is it a good move to take loan from NSC? How easy to take loan on NSC and how much I could get on Rs.1,05,000 (50000+55000) on NSC value? Or go and apply for home loan and leave NSC as it is. Please advice.

[CONFUSED]

It depends upon bank to bank, so please check with your bank. Interest rate normally calculated by using BPLR.
For e.g. Interest Rate = (BPLR - 1.25%)
If BPLR is 12.00% than interest rate for loan would be 10.75%.
*BPLR = Bank Prime Lending Rate

[harry1976]

Thanks again for answering my query. Is it a good move to take loan from NSC? How easy to take loan on NSC and how much I could get on Rs.1,05,000 (50000+55000) on NSC value? Or go and apply for home loan and leave NSC as it is. Please advice.

The interest cost on loan would be more than the return, so the better option would be to take premature encashment if possible.