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We reported the magnetic, dielectric and magnetoelectric properties of NdCrO₃ polycrystalline ceramics. Magnetization curves revealed two magnetic transitions at 227 K and 38 K, which corresponded to Cr³⁺ canted antiferromagnetic ordering and Cr³⁺ spin reorientation phase transition, respectively. At 11.5 K, a Schottky-type anomaly was observed, caused by Nd³⁺ ground doublet Zeeman splitting. High-temperature dielectric relaxation exhibited a type of thermally activated relaxation process, which mainly resulted from the Maxwell–Wagner effect. The spin-reorientation of Cr³⁺ ions and the Nd³⁺ ground doublet splitting were observed to be accompanied by an electric polarization. The polarization could be induced by the presence of the antiferromagnetic-type domain walls, which led to spatial inversion symmetry breaking.