About National Savings Certificate (NSC)

The National Savings Certificate is a fixed income savings scheme backed by the Government of India. It is a popular choice for conservative investors looking for guaranteed returns.

NSC interest is compounded annually but paid out only at maturity after a fixed period of 5 years. The minimum investment is ₹100, with no upper limit, and investments up to ₹1.5 lakh qualify for tax deductions under Section 80C.

How This Calculator Works

Enter your investment amount and the applicable interest rate to calculate the maturity amount and total interest earned after the 5-year term. The interest compounds annually, increasing your returns each year.

Example

Investing ₹1,00,000 at 6% compounded annually for 5 years will yield interest of ₹33,823, resulting in a maturity amount of ₹1,33,823.

Benefits of NSC

• Government-backed safety and guaranteed returns.
• Interest compounded annually, enhancing your earnings.
• Tax benefits under Section 80C.
• Accessible via any post office across India.