NSC Calculator
Calculate National Savings Certificate maturity and interest
NSC Details
Enter details and click Calculate
Maturity Amount
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Investment
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Interest Earned
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How to Use
- Enter the Investment Amount (face value of the NSC certificate).
- The interest rate is pre-filled at 7.7% โ update if the government has revised it.
- The tenure is fixed at 5 years for NSC VIII Issue.
- Click Calculate โ see maturity amount and year-by-year interest accrual.
What is NSC?
National Savings Certificates (NSC) are government-backed savings bonds available at India Post offices and select banks. They offer guaranteed returns, 80C tax deduction on the principal invested, and are considered one of the safest fixed-income investments in India.
Current Terms (2025)
| Feature | Details |
|---|---|
| Interest Rate | 7.7% p.a. (compounded annually, paid at maturity) |
| Tenure | 5 years |
| Minimum Investment | โน1,000 (no maximum limit) |
| Tax Deduction | Section 80C (up to โน1.5 lakh) |
| TDS | No TDS deducted |
NSC Interest Taxation
NSC interest is reinvested automatically each year and qualifies for 80C deduction in years 1โ4. However, the interest accrued in year 5 (which is paid out at maturity) is taxable as "Income from Other Sources." Net after-tax returns are still attractive compared to bank FDs for taxpayers in the 10โ20% bracket.
NSC as Loan Collateral
NSC certificates can be pledged as collateral for bank loans โ a useful feature for small business owners who need working capital without breaking their savings.