Interest rate of national savings certificate (NSC) changed time to time. Current interest rate on national savings certificate (NSC) is 8.0% for time duration of 5 years.
If we go through history of national savings certificate interest rates, there are not huge ups and downs compared to public provident fund. Below chart represents all history of national savings certificate interest rates. Take a look.
Period | VIII Issue | IX Issue |
Upto 30-Nov-2011 | 8.00% | Not Available |
01-Dec-2011 to 31-Mar-2012 | 8.40% | 8.70% |
01-Apr-2012 to 31-Mar-2013 | 8.60% | 8.90% |
01-Apr-2013 to 19-Dec-2015 | 8.50% | 8.80% |
20-Dec-2015 to 31-Mar-2016 | 8.50% | - |
01-Apr-2016 to 30-Sep-2016 | 8.10% | - |
01-Oct-2016 on-wards | 8.00% | - |
In brief, we can assume that interest rates for national savings certificate (nsc) are pretty steady. I hope these information will be helpful to you for make proper investment planning for whether purchase of not national savings certificate (nsc).
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