Calculator
NSC calculator
Five years, guaranteed, no market drama. The quiet tax-saver.
5-year lock-in (VIII Issue), compounded annually. No maximum limit; deposits qualify for 80C.
Maturity (5 yrs) ₹1.45 L (₹1.00 L deposit + ₹44.9k interest)
Hover any bar for the yearly breakup. Current rate 7.7% (Q2 FY2026-27) — ₹10,000 grows to ₹14,490. Interest is taxable yearly (but deemed reinvested, so 80C-eligible except the final year).
What this calculator answers
₹1,00,000 in NSC at 7.7% matures at about ₹1,44,903 over five years, earning ₹44,903 of interest. Enter the deposit to see the five-year maturity.
How it is calculated
Annual compounding over the fixed five-year tenure: total = deposit × (1 + rate)^5.
Rate default 7.7% (Q2 FY2026-27). NSC interest is taxed yearly but treated as reinvested, so it counts towards 80C in the years it accrues.
Common questions
Is NSC interest taxable?
Yes, at your slab each year even though it is received only at maturity. Because it is treated as reinvested, the accruing amounts qualify for 80C in those years, apart from the final year.
Can I withdraw before five years?
NSC runs for a fixed five years with tightly limited early withdrawal, so this estimate assumes the deposit is held to maturity.
Is NSC a good fit for a five-year goal?
It offers a notified rate and 80C eligibility, but the interest is taxed yearly at your slab and the money is locked in for five years. Compare the post-tax return with alternatives for the same horizon.
What is the current NSC interest rate?
This calculator defaults to 7.7% per annum compounded annually (Q2 FY2026-27). The government notifies small-savings rates every quarter, so confirm the rate in force at India Post before investing — the maths stays the same, only the rate changes.
Source & freshness
- Source
- Deterministic formula in lib/calculators.ts
- Timeliness
- Static-verified
- Method
- calculated
- Note
- Illustrative projection from your inputs — not a market quote.