NSC Calculator – National Saving Certificate Interest Calculator
Calculate National Savings Certificate maturity with compounding interest.
Interest compounds yearly
Investment Tenure
5 Years (Fixed)
NSC Maturity Formula
A = P (1 + r/100)^n
A = Final value at maturity
P = Principal amount invested = ₹ 1,00,000
R/r = Annual interest rate = 7.7% p.a. = 0.0770
N/n = Maturity period / number of years = 5
Your Calculation
Given:
A = final value at the maturity
P = ₹ 1,00,000
R/r = 7.7% p.a. = 0.0770
N/n = 5 years
A = ₹ 1,00,000 (1 + 7.7/100)^5
A = ₹ 1,00,000 × (1.0770)^5
A = ₹ 1,00,000 × 1.4490
A = ₹ 1,44,903
Total principal invested = ₹ 1,00,000
Interest Earned = ₹ 44,903
At the end of 5 years your maturity amount would be: ₹ 1,44,903
Note: The example above is purely indicative and does not guarantee the actual figures.
Maturity Amount
₹1,44,903
• Tax benefit under Section 80C (up to ₹1.5L/year)
• Interest earned is reinvested (no periodic payout)
• Lock-in period of 5 years
• Can be used as collateral for loans
What Is an NSC Calculator?
Understanding the Current NSC Interest Rate
The NSC interest rate is set by the Government of India and revised quarterly, in line with other small savings schemes like PPF and SCSS. Here are the key details:
7.7% per annum, compounded annually
Interest is compounded yearly and paid out only at maturity after the 5-year lock-in period
The rate at the time of investment is locked in for your full 5-year tenure, even if revised later
Government revises rates quarterly - check the current rate before making a fresh investment
Why Use the Cready NSC Calculator
- Instantly calculates maturity value based on the current NSC interest rate
- Shows total interest earned separately from your principal investment
- Provides a year-by-year growth projection so you can see how compounding builds over the 5-year tenure
- Free to use, with no login or signup required
- Helps with financial planning if you're considering NSC for Section 80C tax-saving alongside other safe, government-backed instruments like PPF or SCSS
Frequently Asked Questions
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