About the NSC Calculator
The National Savings Certificate (NSC) is a 5-year government-backed savings certificate sold at post offices. Interest is compounded every year and paid at maturity.
Enter the amount and the current rate to see the maturity value.
Formula used
Maturity = Investment × (1 + rate/100)^5.
Frequently asked questions
What is the NSC lock-in?
5 years.
Is NSC interest taxable?
Yes, it is taxable at your slab rate. Interest reinvested in the first years may qualify for a deduction under the old regime, so check the current rules.
Is the rate fixed?
The rate is fixed for the certificate when you buy it. New certificates may get a different rate in a later quarter.