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NSC Calculator

Calculate National Savings Certificate maturity value at the current 7.7% rate - see year-by-year interest accrual and Section 80C tax benefits.

NSC Investment Details
Current NSC rate: 7.7% p.a. (compounded annually, paid at maturity) - effective Q3 FY 2024-25. Update rate below if revised.

NSC tenure is fixed at 5 years with annual compounding.

NSC Facts

Key Features at a Glance

Government Backed

NSC is a sovereign investment - backed by the Government of India with zero default risk, available at all post office branches.

Section 80C Benefit

Investment qualifies for up to ₹1.5 lakh deduction under 80C. Interest in years 1–4 is deemed reinvested and also deductible.

5-Year Lock-In

NSC matures in exactly 5 years. Premature withdrawal is only allowed in case of account holder's death or court order.

Loan Collateral

NSC certificates can be pledged to banks for loans of up to 85–95% of value, providing emergency liquidity without breaking the investment.

FAQ

Frequently Asked Questions

NSC is a fixed-income scheme by the Government of India through India Post. It has a 5-year lock-in and offers 7.7% p.a. compounded annually, paid at maturity. ₹1,00,000 grows to ~₹1,44,903. Investment qualifies for Section 80C deduction up to ₹1.5 lakh.

The current rate is 7.7% p.a. (compounded annually, paid at maturity) - stable since FY 2023–24. The government revises rates quarterly. Check the India Post website for the latest rate before investing.

Yes. NSC interest is taxable as 'Income from Other Sources'. However, interest accrued in years 1–4 is deemed reinvested and qualifies for 80C deduction. Only year-5 interest is fully taxable. This makes NSC more tax-efficient than a bank FD for investors in 20–30% tax brackets.

Minimum: ₹1,000 (multiples of ₹100). No upper limit. Section 80C deduction is capped at ₹1.5 lakh total across all 80C instruments. NSC can be bought at any post office or via India Post internet banking.

Yes. NSC certificates can be pledged to banks for loans of 85–95% of certificate value. This provides liquidity without breaking the certificate. Pledge is done by endorsing the NSC to the lender with post office approval.

NSC (7.7%, 5-yr lock-in) vs PPF (7.1%, 15-yr lock-in): NSC offers higher rate and shorter lock-in; both are 80C eligible. NSC vs Bank FD: FD interest is fully taxable; NSC year 1–4 interest gets 80C deduction, making NSC more tax-efficient for investors in 20–30% tax brackets.