NSC Calculator

Maturity Value:

144903.38
Principal: 100000
Interest Earned: 44903.38
Total Maturity: 144903.38

Investment Growth Over Time

Month Invested Amount Interest Earned Closing Balance
1 100000.0 7700.0 107700.0
2 100000.0 15993.0 115993.0
3 100000.0 24924.0 124924.0
4 100000.0 34544.0 134544.0
5 100000.0 44903.0 144903.0

What is NSC?

NSC (National Savings Certificate) is a popular savings bond issued by the Government of India, offering fixed returns compounded annually. It is a secure and tax-saving investment option ideal for conservative investors.

How Does the Calculator Work?

The NSC calculator uses the principal amount, interest rate, and number of years to estimate the maturity amount. It applies annual compounding to show how your investment grows each year until maturity.

NSC Calculation Formula

A = P (1 + r)^t
  • A = Maturity amount
  • P = Principal amount
  • r = Annual interest rate (in decimal)
  • t = Time in years

Key Benefits of NSC

  • Safe investment backed by the Indian Government
  • Fixed returns with annual compounding
  • Eligible for tax deduction under Section 80C
  • Ideal for long-term conservative investors

How to Use the NSC Calculator

Enter your investment amount, select the annual interest rate, and the number of years. The calculator instantly shows your maturity amount and interest earned at the end of the term.

Frequently Asked Questions (FAQs)

Is NSC interest compounded annually?

Yes, NSC interest is compounded annually and paid out on maturity along with the principal.

Can I claim tax benefits on NSC?

Yes, the amount invested in NSC is eligible for deduction under Section 80C of the Income Tax Act up to Rs. 1.5 lakh per annum.

What is the maturity period of NSC?

The standard maturity period of NSC is 5 years from the date of investment.