Calculate National Savings Certificate maturity and interest

NSC (VIII issue): 7.7% a year, compounded yearly, paid at maturity after 5 years. Rate for October–December 2026, notified on 30 September 2026; the government reviews it every quarter.

Investment amount₹10 thousand

₹

Minimum ₹1,000, in multiples of ₹100, with no upper limit. Certificates bought before 2020 could be as small as ₹100.

Certificate series / issue period

Pick the period you bought the certificate in. Periods without a mark are the 5-year VIII issue; IX was a 10-year issue, stopped in December 2015.

Maturity amount

₹14,490

Fourteen Thousand Four Hundred Ninety Rupees

Investment

₹10,000

Interest earned

₹4,490

Interest compounds every year and is paid with the deposit at maturity after 5 years. The interest added each year counts as reinvested (eligible for Section 80C, except in the last year).

Investment vs interest

Year	Opening	Interest	Closing
1	₹10,000	₹770	₹10,770
2	₹10,770	₹829	₹11,599
3	₹11,599	₹893	₹12,492
4	₹12,492	₹962	₹13,454
5	₹13,454	₹1,036	₹14,490

Runs entirely in your browser. Nothing you type or upload is sent to us or stored.

Results are estimates, not financial advice. Rates, charges and rules change, so confirm with your bank, post office or a financial adviser before you decide. Terms of use

How to Use

Enter the investment amount, which is the face value of your NSC. Type it or drag the slider. A new NSC needs at least ₹1,000, in multiples of ₹100.
Choose the certificate series / issue period. For a new NSC, leave it on Apr 2023 onwards (7.7%), the current 5-year issue. For an older certificate, pick the period you bought it in, because each certificate keeps the rate it was issued at.
The maturity amount, total investment and interest earned update as you type.
Scroll down for the year-wise growth table, which you can download as CSV or Excel. Use pdf for a printable report and share to send the exact numbers.

What is NSC?

National Savings Certificates (NSC) are government-backed savings bonds sold at India Post offices and some banks. The return is fixed and guaranteed, the amount you invest qualifies for the 80C tax deduction, and there are few safer fixed-income options in India. This NSC calculator shows what your certificate will be worth at maturity.

Current terms (October–December 2026)

Feature	Details
Interest Rate	7.7% p.a. (compounded annually, paid at maturity)
Tenure	5 years
Minimum Investment	₹1,000, then in multiples of ₹100 (no maximum limit)
Tax Deduction	Section 80C (up to ₹1.5 lakh)
TDS	No TDS deducted

How NSC interest is taxed

NSC interest is reinvested automatically each year, and that reinvested interest counts for the 80C deduction in years 1 to 4. The interest for year 5 is paid out at maturity, so it isn't reinvested and is taxed as "Income from Other Sources". Even after tax, the return compares well with a bank FD if you're in the 10–20% bracket.

Using NSC as loan collateral

You can pledge NSC certificates as security for a bank loan. That helps a small shopkeeper or trader who needs working capital but doesn't want to break their savings.