NSC Calculator

Calculate National Savings Certificate returns. Government-backed safe investment with tax benefits under Section 80C.

Current NSC Interest Rate: 7.7% p.a. | Tenure: 5 Years

Compounded annually, paid at maturity

NSC Investment Calculator

Minimum: ₹100 | No maximum limit

Interest Rate

7.7% p.a.

Compounded Annually

Lock-in Period

5 Years

Fixed Tenure

Tax Benefit: Initial investment qualifies for Section 80C deduction (up to ₹1.5L). Interest accrued in years 1-4 is deemed reinvested and also qualifies for 80C deduction!

Year-wise Interest Accrual

YearOpeningInterestClosing80C Benefit
Year 1₹1.50 L+₹11.55 K₹1.62 L₹11.55 K
Year 2₹1.62 L+₹12.44 K₹1.74 L₹12.44 K
Year 3₹1.74 L+₹13.40 K₹1.87 L₹13.40 K
Year 4₹1.87 L+₹14.43 K₹2.02 L₹14.43 K
Year 5₹2.02 L+₹15.54 K₹2.17 L-

NSC Returns

₹2.17 LMaturity
Principal
₹1.50 L
Total Interest
₹67.36 K
Maturity Amount
₹2.17 L
Total Return
44.90%

₹1.50 L

Investment

₹67.36 K

Interest Earned

₹2.17 L

Maturity Value

₹2.02 L

Total 80C Benefit

NSC Key Features

Government Backed

100% safe investment backed by Government of India. Zero risk of default.

Double Tax Benefit

Initial investment + reinvested interest (years 1-4) qualify for 80C deduction.

Easy Access

Available at any Post Office. Can be pledged as collateral for loans.

Frequently Asked Questions

Understanding NSC

National Savings Certificate (NSC) is a fixed income investment scheme offered by the Government of India through Post Offices. It's one of the safest investment options with guaranteed returns and tax benefits.

Who Should Invest in NSC?

  • Risk-averse investors looking for guaranteed returns
  • Those seeking tax-saving investments under Section 80C
  • Individuals with medium-term investment horizon (5 years)
  • Senior citizens looking for safe fixed income

NSC vs Other Investments

  • vs FD: Similar safety, better tax benefits with 80C deduction
  • vs PPF: Shorter lock-in (5 vs 15 years), slightly lower rate
  • vs ELSS: Lower returns but zero risk compared to market-linked