Finance
NSC Calculator
NSC is a 5-year, government-backed lump-sum savings certificate that compounds annually. Contributions are 80C-eligible, and the year-wise interest is reinvested (and counts towards 80C in the year it accrues, except for the final year). Plug in your principal and the prevailing NSC rate to see the maturity value and the schedule.
₹1,00,000
₹
7.7%
%
Currently 7.7% (Q4 FY25).
5yrs
yrs
Standard NSC tenure is 5 years.
Maturity value
₹1,44,903
Principal
₹1,00,000
Interest earned
₹44,903
Maturity
₹1,44,903
Principal₹1,00,000
69.0%
Interest₹44,903
31.0%
NSC interest is taxable at slab. Reinvested interest qualifies for fresh 80C in years 1-4.
Year-wise NSC schedule (5 years)
| Year | Opening balance | Interest | Closing balance |
|---|---|---|---|
| ₹1 | ₹1,00,000 | ₹7,700 | ₹1,07,700 |
| ₹2 | ₹1,07,700 | ₹8,293 | ₹1,15,993 |
| ₹3 | ₹1,15,993 | ₹8,931 | ₹1,24,924 |
| ₹4 | ₹1,24,924 | ₹9,619 | ₹1,34,544 |
| ₹5 | ₹1,34,544 | ₹10,360 | ₹1,44,903 |
Related tools
Need a finance read next?
Our blog and finance hub explain the ideas behind these tools — clearly and without jargon.
Frequently asked
- How is NSC interest taxed?
- Interest is taxable at slab, but reinvested interest qualifies for fresh 80C in years 1-4 (since it's deemed re-invested). The last year's interest doesn't get this benefit because there's no further reinvestment.
- NSC vs PPF — which is better?
- PPF is tax-free (EEE), NSC interest is taxable. NSC wins on tenure (5 years vs 15) and on assured returns over a known horizon. PPF wins on long-term post-tax compounding.
Try PPF next →
PPF