Home › Calculators › NSC
NSC calculator
The National Savings Certificate locks in today’s rate for five years. See what your certificate is worth at maturity.
How NSC grows
Maturity = Amount × (1 + rate)^5
Interest compounds yearly but is paid only at maturity. ₹1 lakh at 7.7% becomes about ₹1,44,903 after five years. The rate is fixed for the certificate’s life on the day you buy it.
Questions
How is NSC taxed?
Interest is taxable. Under the old regime the deposit qualifies for Section 80C, and the interest added in the first four years is treated as reinvested, so it also counts towards 80C.
Is there a maximum?
No upper limit; the minimum is ₹1,000. Certificates can be pledged as security for a loan.