Rate7.70%
Term5 Years
CompoundingAnnual
Tax80C
Investment Details
Investment—
Interest Rate (p.a.)7.70%
Total Interest Earned (5 Years)—
Maturity Value (after 5 Years)—
Year-by-Year Interest Accrual
| Year | Opening Value | Interest @7.7% | Year-End Value |
|---|
✓ Investment qualifies for deduction under Section 80C (up to ₹1.5 lakh). Interest accrued in years 1–4 is deemed reinvested and also counts towards 80C in those years.
Good to know
- NSC earns 7.70% p.a., compounded annually, and the full amount is paid at maturity after 5 years.
- Interest accrued at the end of years 1 to 4 is deemed reinvested and added to the certificate value — so it also qualifies for Section 80C in those years.
- Minimum investment ₹1,000 (in multiples of ₹100); no maximum limit, and you may hold any number of certificates.
- The full deposit qualifies for Section 80C deduction up to ₹1.5 lakh in the year of purchase.
* For illustrative purposes only. Rate as per India Post National Savings Certificate (VIII Issue), current quarter.