NSC Calculator
Calculate the maturity value of your National Savings Certificate (NSC) investment. NSC offers a fixed, government-guaranteed interest rate of 7.7% p.a. over a 5-year tenure, compounded annually — enter your investment amount to see exactly what you'll receive at maturity.
How Your NSC Investment Grows
Since NSC interest compounds annually and is reinvested each year, your investment grows steadily over the fixed 5-year term.
NSC Maturity Value, Year by Year
See exactly how much interest accumulates each year of your NSC's 5-year term.
Swipe horizontally to view the complete NSC breakdown.
| Year | Investment Amount | Interest Accumulated | Value at Year End |
|---|---|---|---|
| 1 | ₹1,00,000.00 | ₹7,700.00 | ₹1,07,700.00 |
| 2 | ₹1,00,000.00 | ₹15,992.90 | ₹1,15,992.90 |
| 3 | ₹1,00,000.00 | ₹24,924.35 | ₹1,24,924.35 |
| 4 | ₹1,00,000.00 | ₹34,543.53 | ₹1,34,543.53 |
| 5 | ₹1,00,000.00 | ₹44,903.38 | ₹1,44,903.38 |
How NSC Maturity Value Is Calculated
NSC uses annual compounding on the invested amount — here's the formula behind it.
NSC Maturity Value Formula
Maturity Value = Principal × (1 + Rate/100) ^ Years
Principal
Your investment amount
Rate
7.7% p.a. (fixed by govt.)
Years
5 (fixed lock-in)
Note: Interest compounds annually and is automatically reinvested each year, so you don't receive a payout until the certificate matures at the end of the 5-year term.
NSC Maturity Calculation Example
See how your investment grows to its maturity value, step by step.
Worked Example
You invest ₹1,00,000.00 in an NSC certificate at the current fixed rate of 7.7% p.a., compounded annually over the fixed 5-year tenure.
Each year, the interest earned is automatically reinvested — so by the end of Year 5, your investment grows to ₹1,44,903.38, made up of your original ₹1,00,000.00 investment plus ₹44,903.38 in compounded interest.
A few things worth knowing about NSC:
You receive the entire maturity amount as a single lump sum at the end of the 5-year term — there are no periodic payouts along the way.
The interest reinvested each year (except the final year) qualifies for a fresh Section 80C deduction, subject to the overall ₹1.5 lakh annual limit.
The final year's interest is paid out at maturity and is taxable as income in that year, since it isn't reinvested.
Key Features of NSC
A quick reference to what makes NSC one of India's most straightforward government-backed savings schemes.
At a Glance
Government-Backed
NSC is issued by India Post and backed by the Government of India, making it one of the safest fixed-income instruments available — there's effectively no credit risk.
Fixed 5-Year Tenure
The tenure is fixed at 5 years with no option to shorten it under normal circumstances. Premature withdrawal is allowed only in specific cases, like the death of the holder.
Section 80C Tax Benefit
Investments up to ₹1.5 lakh per financial year qualify for a deduction under Section 80C — the same overall limit shared with PPF, EPF, and Sukanya Samriddhi Yojana.
Low Minimum Investment
You can start with as little as ₹1,000, in multiples of ₹100 thereafter — there's no upper limit on how much you can invest.
No TDS
Unlike bank fixed deposits, NSC interest isn't subject to TDS. You're responsible for declaring and paying tax on it yourself, based on your income tax slab.
Can Be Used as Collateral
NSC certificates can be pledged with banks and NBFCs to secure a loan, since they're a recognised, low-risk form of security.
Frequently Asked Questions
Find answers to the most common questions about NSC and how this calculator works.
Disclaimer
Results are estimates for informational purposes only and may differ from actual values. Do not make financial, investment, tax, or legal decisions based solely on these results. Verify important calculations with official sources or a qualified professional. CalcMint is not liable for any loss or damage resulting from the use of this calculator.
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