About this NSC calculator
National Savings Certificate is a fixed-income scheme backed by the government, available at post offices. It has a fixed tenure of five years and a fixed, government-declared interest rate, compounded annually but paid at maturity.
Enter your investment amount and the rate. The tool compounds annually for five years and shows the maturity value and interest earned. NSC investments qualify for deduction under Section 80C.
The interest is taxable, though it is deemed reinvested for the first four years and qualifies for 80C in those years. The rate is set each quarter, so update it to the current one.
Use it to plan a safe, tax-saving investment. Compare with PPF and SSY for your goals. Always confirm the current rate and rules at the post office.