Banking
NSC Calculator
Computes the maturity value of a National Savings Certificate, which compounds annually over its 5-year term.
Your details
₹
%
Maturity value
₹1,44,903
Interest earned
₹44,903
₹1,00,000 invested in NSC matures to approximately ₹1,44,903 after 5 years.
Total₹1,44,903
- Principal₹1,00,000
- Interest₹44,903
How this is calculated
Maturity = Principal × (1 + rate/100)^5 — annual compounding over the fixed 5-year term.
Source: NSC rate is revised quarterly by the Ministry of Finance; default shown is illustrative — verify the current rate.
Frequently asked questions
Is NSC eligible for 80C?
Yes — the amount invested qualifies for Section 80C (within the overall ₹1,50,000 cap), and interest for the first four years is deemed reinvested and also 80C-eligible.
Is NSC interest taxable?
Yes — annually accrued interest is taxable each year (except the final year's interest, which is taxed on maturity), even though you don't receive it until maturity.