NSC Calculator
Calculate National Savings Certificate maturity and interest
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GrokNSC has a fixed 5-year tenure. The rate is set by the Government every quarter - the rate on the day you invest applies for the full term.
Year-wise growth
Results are estimates for illustration only, based on the inputs and assumptions you enter. They are not a guarantee of returns or an offer of any product. Rates for government schemes are revised periodically - please verify current rates before investing.
How the NSC calculator works
The National Savings Certificate is a government-backed small savings scheme available at post offices. It has a fixed 5-year tenure, and the interest rate on the day you invest applies for the whole term.
Interest compounds annually and is paid together with the principal at maturity. Enter your investment and the current rate to see the maturity value.
Worked example
Investing ₹1,00,000 at 7.7% p.a. grows to about ₹1,44,903 at the end of 5 years - ₹44,903 of interest.
Things to keep in mind
- The Government reviews small savings rates every quarter - check the current NSC rate before investing.
- Investment in NSC qualifies for deduction under Section 80C of the old tax regime. Interest for the first four years is treated as reinvested and can also be claimed under 80C; interest is taxable at your slab rate.
- Premature encashment is allowed only in limited cases, such as the death of the holder.
- NSC can be pledged as collateral for loans with banks.
Formula used
- A
- Maturity value after 5 years
- P
- Amount invested
- r
- Annual interest rate (as a decimal)
Frequently asked questions
What is the minimum investment in NSC?
₹1,000, in multiples of ₹100, with no upper limit (though the 80C deduction is capped at ₹1.5 lakh).
Is NSC safe?
Yes. It is backed by the Government of India, so there is no credit risk.
NSC or ELSS for tax saving?
NSC offers a fixed, government-backed return with a 5-year lock-in. ELSS has a shorter 3-year lock-in and equity growth potential, but its returns vary with the market.
Turn these numbers into a plan
Talk to us and we'll help you build an investment plan around your result.