What is National Savings Certificate?
NSC
NSC is a fixed-income government savings certificate with a 5-year tenure, offering Section 80C tax deduction on the principal and reinvested interest. Interest is compounded annually but paid out only at maturity, along with the principal.
The current rate of 7.7% p.a. (Q1 FY 2026-27) is fixed for a certificate's entire 5-year tenure once purchased, regardless of later quarterly rate revisions.
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