NSC Calculator
Calculate National Savings Certificate returns and tax benefits
Investment Details
Minimum: ₹1,000 (no maximum limit)
Current rate: 7.7% (Q4 FY 2024-25)
Fixed Terms
Tenure: 5 years (fixed)
Compounding: Annual
Lock-in: No premature withdrawal
Maturity Value
₹1.45 L
After 5 years
Total Investment
₹1.00 L
Total Interest
₹44,903
Effective Return
44.90%
Investment vs Interest
Principal (69.0%)Interest (31.0%)
Section 80C Tax Benefits
Year 1 (Initial Investment)₹1.00 L
Year 2-4 (Reinvested Interest)₹34,544
Total 80C Benefit Potential₹1.35 L
* Interest in Year 5 is taxable, not eligible for 80C
Year-wise Growth
| Year | Opening | Interest | Closing | 80C |
|---|---|---|---|---|
| 1 | ₹1.00 L | +₹7,700 | ₹1.08 L | ₹1.00 L |
| 2 | ₹1.08 L | +₹8,293 | ₹1.16 L | ₹8,293 |
| 3 | ₹1.16 L | +₹8,931 | ₹1.25 L | ₹8,931 |
| 4 | ₹1.25 L | +₹9,619 | ₹1.35 L | ₹9,619 |
| 5 | ₹1.35 L | +₹10,360 | ₹1.45 L | - |
About National Savings Certificate
Key Features
- Fixed tenure of 5 years
- Minimum investment: ₹1,000
- No maximum investment limit
- Interest compounded annually
- Available at Post Offices and some banks
Tax Treatment
- Initial investment: 80C deduction (up to ₹1.5L)
- Years 2-4 interest: Deemed reinvested, eligible for 80C
- Year 5 interest: Taxable at slab rate
- No TDS on interest
- Can be pledged as collateral for loans