🏛️ National Savings Certificate (NSC) Calculator
Calculate your NSC maturity amount, interest earned, and tax benefits with our comprehensive calculator
Investment Details
Investment Summary
Year-wise Breakdown
| Year | Opening Balance | Interest Earned | Closing Balance | 80C Benefit |
|---|
📋 NSC Scheme Information
🎯 Current Interest Rate
7.7% per annum (compounded annually) for Q2 FY 2025-26. Rate revised quarterly by Ministry of Finance.
⏳ Lock-in Period
5 years mandatory lock-in. Premature withdrawal only in exceptional cases (death, court order).
💰 Investment Limits
Minimum: ₹1,000
Maximum: No upper limit
Multiples: ₹100
🏦 Where to Invest
Available at all Post Offices and designated banks across India. Can be purchased online through Post Office internet banking.
👥 Eligibility
✅ Indian residents above 10 years
✅ Joint accounts (up to 3 holders)
❌ NRIs, HUFs, Companies
🎁 Tax Benefits
Section 80C: Up to ₹1.5 lakh deduction (old regime only)
Interest: Taxable on accrual basis
🔍 Tax Treatment Details
Years 1-4: Interest is deemed reinvested and qualifies for 80C deduction (old regime)
Year 5: Final year interest is fully taxable without 80C benefit
New Tax Regime: No 80C benefits, all interest taxable annually
TDS: No TDS deducted on NSC interest
⚠️ Important Notes:
• This calculator provides estimates based on current interest rates and tax laws
• Interest rates are subject to quarterly revision by the Government
• Tax calculations are indicative - consult a tax advisor for precise calculations
• NSC investments are backed by Government of India guarantee
• Consider inflation impact on real returns when making investment decisions