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NSC Calculator India (2026)
Calculate National Savings Certificate maturity value at 7.7% p.a.
Investment Details
₹1,00,000
₹1,000₹50,00,000
💡 Key Rules
- 📅 Fixed 5-year tenure, no premature withdrawal (except on death or court order)
- 📈 Interest rate: 7.7% p.a. (Q1 FY 2026-27), compounded annually, paid at maturity
- 💵 No maximum investment limit; minimum ₹1,000
- ✅ Principal + reinvested interest (except final year) qualifies for Section 80C, up to ₹1.5 lakh
- ⚠️ Interest is taxable each year as per your income slab (except the final year, taxed on withdrawal)
Investment Amount₹1,00,000
Interest Earned (5 years)₹44,903
Maturity Value₹1,44,903
NSC Formula
Compounded annually, paid in full at maturity
A = P × (1 + r)t⚠️
Estimate Only
Based on the 7.7% rate applicable for accounts opened in the current quarter — this rate is fixed for your certificate's full 5-year tenure regardless of later quarterly revisions. Verify at your nearest post office before investing.
Frequently Asked Questions — NSC Calculator
What is the current NSC interest rate?
The National Savings Certificate rate is reviewed quarterly by the Ministry of Finance. For the April–June 2026 quarter it is 7.7% p.a., compounded annually — the same rate that has held since April 2023. The rate applicable when you buy the certificate is locked in for its full 5-year tenure.
Can I withdraw NSC before maturity?
No, premature withdrawal is generally not allowed except in specific cases — death of the holder, forfeiture by a pledgee (e.g. a bank against a loan), or a court order.
Is NSC interest taxable?
Yes. The interest earned each year (except the final year) is deemed to be reinvested and qualifies for Section 80C deduction, but it is still added to your taxable income each year as "Income from Other Sources." The final year's interest is paid out along with the principal and is taxable but not eligible for 80C.
Can NSC be used as loan collateral?
Yes, NSC certificates can be pledged as collateral security to avail loans from banks and NBFCs.
What is the difference between NSC and a tax-saving FD?
Both offer Section 80C deduction up to ₹1.5 lakh with a 5-year lock-in. NSC currently offers a government-backed rate that's often comparable to or higher than bank tax-saving FDs, and its interest compounds annually versus some FDs which pay out periodically.
Content by Satyapal Khakhal, Founder, gpaisa.in | Updated: July 2026