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NSC Calculator

Estimate the maturity value of your National Savings Certificate and the income tax you can save under Section 80C.

Plan your NSC

₹

Minimum ₹1,000, in multiples of ₹100. There is no maximum limit.

%
yr

NSC has a fixed 5-year maturity period.

Your results

Maturity value

₹1,44,903

  • Amount invested₹1,00,00069.0%
  • Interest earned₹44,90331.0%

Amount invested

₹1,00,000

Interest earned

₹44,903

Maturity value

₹1,44,903

Tax saved (Section 80C)

₹30,000

Section 80C tax benefit

Amount invested
₹1,00,000
Eligible under 80C (max ₹1.5 L)
₹1,00,000
Your tax slab
30%
Tax saved this year
₹30,000
  • * NSC interest is compounded annually but paid only at maturity.
  • * The investment qualifies for deduction under Section 80C up to ₹1.5 lakh per year.
  • * Interest accrued each year (except the final year) is reinvested and also counts towards 80C.
Invest now

What is the NSC Calculator?

The National Savings Certificate (NSC) is a fixed-income, government-backed savings scheme available at post offices. It has a fixed 5-year tenure, a guaranteed interest rate and qualifies for tax deduction under Section 80C. An NSC calculator estimates the maturity value, the interest you earn and the income tax you save.

How does it work?

You invest a lump sum once. Interest is compounded annually but not paid out yearly — it accumulates and is paid together with the principal at maturity. The calculator compounds your principal at the prevailing NSC rate for the full tenure and applies your tax slab to the amount eligible under Section 80C.

Formula

M = P × (1 + r)^t

  • M = maturity amount
  • P = amount invested (principal)
  • r = annual interest rate (as a decimal)
  • t = tenure in years (5 for NSC)

Example calculation

Investing ₹1,00,000 in NSC at 7.7% per annum for 5 years grows to about ₹1,44,903 at maturity — roughly ₹44,903 of interest. A 30% slab investor also saves ₹30,000 of tax in the year of investment under Section 80C.

Benefits

  • Sovereign-backed with guaranteed, fixed returns and no market risk.
  • Investment qualifies for a Section 80C deduction up to ₹1.5 lakh.
  • Accrued interest (except the last year) is reinvested and also 80C-eligible.
  • Can be used as collateral for loans from banks.

Limitations

  • Funds are locked in for the full 5-year tenure with limited early-exit options.
  • Interest is taxable as per your income slab, though it is not paid out yearly.
  • Returns may not beat inflation as effectively as equity over the long term.

Conclusion

NSC is a safe, tax-efficient choice for conservative investors who want assured returns and a Section 80C benefit. Use this calculator to project your maturity amount and tax saving, and compare it with PPF and tax-saving FDs before deciding.

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Frequently asked questions

01What is the National Savings Certificate (NSC)?
NSC is a fixed-income savings scheme backed by the Government of India, offered through post offices, with a 5-year tenure and Section 80C tax benefits.
02What is the NSC interest rate?
The rate is set by the government and revised quarterly. It has recently been around 7.7% per annum, compounded annually. You can adjust the rate in the calculator.
03Is NSC interest paid every year?
No. Interest is compounded annually but is paid out only at maturity along with the principal.
04How much tax can I save with NSC?
Investments up to ₹1.5 lakh a year qualify for deduction under Section 80C. The tax saved equals that amount multiplied by your income tax slab rate.
05Is the interest from NSC taxable?
Yes, the interest is taxable. However, the interest accrued each year (except the final year) is deemed reinvested and can itself be claimed under Section 80C.
06Can I withdraw NSC before maturity?
Premature withdrawal is allowed only in specific cases such as the holder’s death or a court order; otherwise the certificate must be held for the full 5 years.
07NSC or PPF — which is better?
NSC has a shorter 5-year lock-in with fully taxable interest, while PPF has a 15-year tenure with tax-free returns. NSC suits medium-term goals; PPF suits long-term, tax-free wealth building.