NSC Calculator
National Savings Certificate Maturity & Tax Benefit Calculator
Invested
Interest
Maturity Amount
📊 NSC Calculator India (FY 2026-27)
Calculate National Savings Certificate (NSC) maturity amount with current interest rate of 7.7% p.a. for FY 2026-27. NSC is a popular post office savings scheme with Section 80C tax benefits.
💡 What is NSC (National Savings Certificate)?
NSC is a government-backed fixed-income investment scheme offered by India Post. It has a 5-year lock-in period with guaranteed returns and tax benefits under Section 80C (up to ₹1.5 lakh deduction).
🧮 NSC Calculation Formula
Maturity Amount = P × (1 + r)^n
- P = Principal investment
- r = Annual interest rate (7.7% = 0.077)
- n = Tenure in years (5 years fixed)
📈 NSC Interest Rate (FY 2026-27)
Current NSC interest rate: 7.7% per annum (compounded annually). The rate is revised quarterly by the Government of India.
📌 NSC Key Features
- ✔ Minimum Investment: ₹1,000 (no maximum limit)
- ✔ Lock-in Period: 5 years (premature withdrawal not allowed except in special cases)
- ✔ Tax Benefit: Investment qualifies for Section 80C deduction (up to ₹1.5L)
- ✔ Interest: Compounded annually, taxable as per income tax slab
- ✔ Available at: All India Post branches
💰 Section 80C Tax Benefit
NSC investment qualifies for Section 80C deduction up to ₹1.5 lakh per financial year. However, the interest earned is taxable as per your income tax slab.
🔒 NSC vs Other Post Office Schemes
| Scheme | Interest Rate | Tenure |
|---|---|---|
| NSC | 7.7% p.a. | 5 years |
| KVP | 7.5% p.a. | 115 months |
| PPF | 7.1% p.a. | 15 years |
❓ FAQ - NSC Calculator
1. What is NSC?
NSC is a National Savings Certificate scheme by India Post with 5-year tenure and 7.7% interest.
2. What is the current NSC interest rate?
The NSC interest rate for FY 2026-27 is 7.7% per annum compounded annually.
3. Is NSC tax-free?
Investment qualifies for 80C deduction, but interest earned is taxable as per your income tax slab.
4. Can I withdraw NSC before 5 years?
No, premature withdrawal is not allowed except in case of death or court order.
5. What is the minimum investment in NSC?
The minimum investment is ₹1,000 with no maximum limit.
6. Can I take a loan against NSC?
Yes, you can pledge NSC certificates as collateral for bank loans.
7. Is NSC better than FD?
NSC offers higher interest than most bank FDs and provides 80C tax benefits, making it a better option for tax-saving.
8. Where can I buy NSC?
NSC can be purchased from any India Post office branch across India.
👉 This calculator provides estimated NSC maturity based on current interest rates for FY 2026-27. Actual rates may vary quarterly.