NSC Calculator India — National Savings Certificate Maturity 2026
Real-World Examples — 2026
₹1 lakh NSC at 7.7% for 5 years
₹1 lakh invested in NSC at 7.7% p.a. grows to ₹1,44,903 at maturity. Interest earned: ₹44,903. Annual interest accruals (years 1–4) are reinvested and qualify for 80C deduction, reducing the effective tax burden significantly.
NSC vs PPF — 5-year comparison
₹1 lakh in NSC (7.7%) = ₹1,44,903 at 5 years. ₹1 lakh in PPF (7.1%) = ₹1,41,478. NSC gives higher nominal return but PPF interest is fully tax-free while NSC interest is taxable. NSC wins if you're in the 5% or nil tax bracket.
Frequently Asked Questions
What is NSC and what is its current interest rate?
NSC (National Savings Certificate) is a post office saving scheme with a 5-year fixed tenure. Current rate for Q1 FY 2026-27 is 7.7% p.a. compounded annually. Available at post offices and select banks. Qualifies for Section 80C deduction.
Is NSC interest taxable?
NSC interest is taxable but treated uniquely — interest for years 1–4 is deemed reinvested and qualifies for 80C deduction each year (within the ₹1.5 lakh limit). Only the final year's interest (not reinvested) is taxable in year 5.
Can NSC be used as loan collateral?
Yes. NSC certificates can be pledged with banks and NBFCs as loan collateral. Banks typically offer 85–90% loan-to-value on NSC. They can be transferred to another person after 1 year on payment of a small fee.
Is the NSC Calculator free?
Yes, the NSC Calculator on CalcPhi is completely free with no registration required.
Are my inputs stored?
No. All calculations run in your browser. We do not store any financial data.
Can I use the NSC Calculator on mobile?
Yes. CalcPhi is fully mobile-optimised and works on all modern smartphones.