National Savings Certificate Calculator
Calculate the maturity value of a National Savings Certificate (NSC) investment, compounded annually over its 5-year tenure.
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Your result
₹1,44,903.38
Maturity amount (after 5 years)
AI explanation
Formula
Maturity amount = principal × (1 + rate)^5, compounded annuallyWorked example
₹1,00,000 investment
| Field | Value |
|---|---|
| Investment amount | 100000 |
| Maturity amount (after 5 years) | 144903.38 |
| Total interest earned | 44903.38 |
Assumptions
- NSC interest rate is 7.7% p.a., compounded annually, notified for the Jul-Sep 2026 quarter and revised quarterly by the Ministry of Finance.
- Interest is compounded annually but paid out only at maturity (cumulative), except the final year's interest which is paid out and taxable, not reinvested.
- Standard 5-year NSC (VIII Issue) tenure assumed.
Frequently asked questions
What is the NSC interest rate and how is it compounded?
NSC currently earns 7.7% p.a., compounded annually. Interest for the first 4 years is reinvested (and qualifies for Section 80C deduction), while the final year's interest is paid out and is taxable.
Is NSC investment tax-deductible?
Yes — the amount invested qualifies for deduction under Section 80C (within the overall ₹1.5 lakh limit), and the interest reinvested in years 1-4 also qualifies for 80C, since it is deemed reinvested.
Can I withdraw NSC before maturity?
Premature withdrawal is allowed only in specific cases — on the death of the holder, on forfeiture by a pledgee (e.g. a bank), or on a court order. Otherwise, NSC has a fixed 5-year lock-in.
Related calculators
Sources
- National Savings Certificate (VIII Issue) — rules and current interest rate — Ministry of Finance, Government of India. Effective 01-12-1989, reviewed 13-09-2026.
This calculator provides an estimate only. NSC interest rates are revised quarterly by the Ministry of Finance and apply for the full 5-year tenure of a given certificate as issued — not personalized financial or tax advice.
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