NSC Calculator — National Savings Certificate

NSC is a Government of India small-savings scheme. Each one-time purchase accumulates interest over five years at its purchase-specific rate.

Certificate 1 · One-time purchase

Investment amount

₹

Minimum ₹1,000; multiples of ₹100. No scheme investment ceiling.

Purchase date

Enter a valid purchase date (year 1900–9994).

Custom-rate scenario

Official rate unavailable

No verified rate for this date. Select a custom-rate scenario and enter a rate.

Estimate

Fix the highlighted inputs to see your estimate.

Assumptions & limitations

Interest accrues annually and is deemed reinvested through year four; the fifth-year interest is paid with principal at maturity. Calculations retain precision and round the final certificate maturity to the nearest rupee (50 paise rounds up). Intermediate balances are estimates, not official annual-accrual tables. No automatic renewal, monthly payout, taxes or premature settlement included. Five-year anniversaries use a calendar estimate; 29 February clamps to 28 February in a non-leap maturity year, a special-date convention not independently verified.
Verified rate coverage: 12 December 2019–31 December 2026. Earlier or later dates require a custom assumption. No future rate is inferred.
No personal financial inputs are stored or transmitted. Official certificate maturity amounts take precedence if statutory tables differ.

Accumulated savings, not monthly income

NSC interest accumulates and is paid at maturity; certificates do not automatically renew. Minimum investment is ₹1,000 in ₹100 increments, with no scheme ceiling.

Premature encashment

Closure before maturity is restricted to specified cases such as death, qualifying forfeiture by a Gazetted Officer pledgee, or a court order. Three years is not a general withdrawal entitlement. Confirm the permitted payout with the provider.

Tax treatment

Section 80C eligibility, taxation of accrued interest and old-regime deductions depend on current tax law and your circumstances. Deemed reinvestment does not mean all interest is tax-free. No tax benefit is included here; verify with a qualified tax adviser.