NSC Calculator
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Investment Growth Chart
Investment Breakdown
About National Savings Certificate (NSC)
What is NSC?
The National Savings Certificate (NSC) is a fixed-income investment scheme offered by the Government of India through post offices. It's a safe, low-risk savings instrument with guaranteed returns and tax benefits under Section 80C.
Key Features
- Fixed 5-year tenure
- Minimum investment: ₹100
- No maximum investment limit
- Tax benefits under Section 80C
- Compounded annually
- No TDS deduction
How to Use NSC Calculator
- Enter your investment amount
- Input current interest rate (default: 7.7%)
- Tenure is fixed at 5 years for NSC
- Click Calculate to see results
Frequently Asked Questions
NSC Calculator is an online tool that helps you calculate the maturity value and interest earned on your National Savings Certificate investments. It considers compound interest and fixed 5-year tenure.
NSC interest is compounded annually. The interest earned each year is reinvested, and the final maturity value is calculated using compound interest formula over 5 years.
The current NSC interest rate is 7.7% per annum (as of 2024). However, rates may change, so it's recommended to check with your post office for current rates.
No, there is no maximum investment limit for NSC. The minimum investment is Rs. 100, and you can invest any amount without upper limit.
Yes, NSC investments qualify for tax deduction under Section 80C of Income Tax Act up to Rs. 1.5 lakh per financial year.