Beware of fraud and Ponzi schemes
Make sure you are not putting all your money in INSS-C. Keep some amount of money in shorter-term deposits as well.
The INSS-C investment comes under the medium-risk category. Meaning this scheme has more risk compared to other debt investments.
You have the risk of losing some amount of your principal during deflation.
Keep some amount of your savings in your savings bank account for emergencies. Don’t put all your savings into investments.
Visit your bank branch
Carry the amount to be invested in the form of a cheque or cash
Ask for a form to apply for INSS-C
Fill out the application form and nomination details
Verify the document copies with the original
Submit the form, documents and amount
Take the receipt and INSS-C certificate
Keep the certificate safe till maturity