NSC Calculator


Compounding frequency

Total Investment
Total Value

Invested Amount

Total Interest

Total Value

Tenure will be fixed at 5 years.

The National Savings Certificate (NSC) program is a fixed-income plan. It is a popular savings product in India. This program may be activated at any Post Office. The NSC plan is a project of the Government of India. As a result, it ensures returns. This savings bond encourages investors with low and moderate incomes to save. They may also be eligible for a tax break. 

Section 80C of the Income Tax Act exempts NSC investments up to Rs 1.5 lakhs from tax. They have a five-year lock-in term. Fixed interest is earned on NSC certificates. The current interest rate is 7.7%. NSC, like other fixed-income instruments such as PPF and Post Office FDs, is a safe and low-risk vehicle. The required minimum deposit is Rs 100. There is no maximum investment limit in NSC. For NSC investments, there is no TDS.

What is an NSC Calculator?

An NSC calculator is an online tool that allows you to get accurate figures of return and maturity value from your NSC investment. The calculator comes with a simple interface that makes it easy to use even for a layman. You just need to know the following details and you are all set to go:

  • Invested amount: The total amount of money invested in the NSC, i.e. the principal amount
  • Rate of interest (p.a.): The annual interest rate offered in NSC scheme
  • Time period: The time period of investment, which is fixed at 5 years for NSC
  • Compounding: You have to select the compounding frequency, either it will be done yearly or half yearly

Based on the given inputs, the NSC maturity calculator will do the calculation in a moment and show you the following results:

  • Principal investment: The principal invested amount in the NSC account
  • Total interest: Total amount of interest earned until the maturity
  • Maturity value: The final value of maturity that you will receive after 5 years

The NSC post office calculator or simple NSC calculator also allows you to change the values as many times you want. You can modify the inputs as per your financial plan and get results from the calculator accordingly. You can use the CashZeni NSC calculator online by following the guide in the next section.

How Does the NSC Calculator Work?

The NSC interest rate 2022 calculator is a digital tool that instantaneously calculates the interest and capital the investor can take at maturity after the investment is completed. The NSC interest rate calculator calculates the interest earned under the Govt of India initiated scheme, while you can enter the interest rate and investment amount in the tool.

Advantages of Using NSC Calculator

Calculating the interest and maturity amount of an NSC may be time-consuming and complex. The interest is compounded once a year. The interest is reinvested in the investment. The investor receives the interest plus the principal at the end of 5 years. It is reasonable for an investor to want to know how much their investment in NSC has increased. Here are some of the benefits of using the calculator:

  • It is easy to use and straightforward.
  • It can save you time on doing the calculations by yourself.
  • It is accurate, and you do not need to second-check the calculations.
  • It is free of cost and you can access it from anywhere you want.

NSC Interest Rate Chart

The NSC interest rate is fixed by the government at 6.8% as of now, The interest rate, however, keeps on changing often every year. Here is the NSC interest rate chart of the last 6 years.

PeriodInterest Rate
April 1, 2020 to until now6.8%
July 1, 2019 to March 31, 20207.9%
October 1, 2018 to June 30, 20198.0%
January 1, 2018, September 30, 20187.6%
July 1, 2017 to December 31, 20177.8%
April 1, 2017 to June 30, 20177.9%
November 1, 2016 to March 31, 20178.0%
April 1, 2016 to September 30, 20168.1%

Since interest rate for a particular period is fixed, the return generated and maturity value from NSC investment can be ascertained beforehand.

How to Calculate NSC Maturity Amount?

The interest earned from the investment made in the NSC compound over the years until maturity. Hence, the returns from NSC investment can be calculated using the compound interest formula. The formula to calculate the final maturity value in NSC is:

A = P(1 + r/100)^n


  • A = Final value of the maturity
  • P = Principal invested amount 
  • r = Rate of interest offered
  • n = number of years, i.e. the maturity period

Let us use the formula in an example to get a better understanding:

Suppose you invest Rs 10 lakhs in a 5-years National Savings Certificate that offers an interest rate of 6.8%. By the end of the 5 years, i.e. by the time of maturity, you would have earned a total interest of Rs 3,89,493 and a maturity value of Rs 13,89,493. Calculating NSC returns or maturity value can be complicated and time consuming if done manually. To make things efficient and quick, we can use an NSC interest rate calculator that allows us to estimate returns from NSC investments easily.

How to Use National Saving Certificate (NSC) Interest Calculator?

Interest for National Saving Certificate NSC is compounded yearly. The interest is payable to the investor at the end of the five years. The interest earned every year is reinvested. Let’s take an example of Mr. Ajith. He wishes to invest INR 5,00,000 in an NSC at the current interest rate. Using CashZeni NSC Interest calculator, we can calculate the maturity amount and the interest earned by him. We can follow the simple steps to calculate the maturity amount earned by Mr. Ajith.

  1. Go to CashZeni NSC Interest calculator.
  2. Enter the amount of investment. In this case, it is INR 5,00,000.
  3. The term is already fixed at five years. This is because the NSC matures in 5 years.
  4. The interest is fixed at 7.70% p.a.. This is the current interest rate announced by the Ministry of Finance as of July 2023.
  5. Once the values are entered, click on calculate.
  6. The Post Office NSC Interest Rate calculator calculates the maturity amount. It also calculates the investment made and interest earned. In this case, the maturity value is INR 6,98,514.45. The investment is INR 5,00,000. The interest earned is INR 1,98,514.45.

Mr. Ajith’s investment of INR 5,00,000 in NSC will earn an interest of INR 1,98,514.45 at the end of 5 years. The interest earned is taxable at the slab rate.

Benefits of Using CashZeni NSC Calculator

The CashZeni NSC calculator can help you in the following ways:

  • You do not have to sit with a calculator, enter a formula, and calculate the maturity value of your NSC investment. Just enter the values in the CashZeni NSC calculator and get everything you need to know about your investment returns.
  • The year on investment and interest rate in NSC is fixed at 5 years and 6.8% respectively. Therefore, you do not need to deal with these two values. Just enter the investment amount and know the maturity value instantly.
  • You can also select the compounding frequency as yearly or half yearly. This saves you from adjusting the rate of interest and time period in the NSC calculation formula
  • The CashZeni NSC calculator enables you to modify the values as many times as you want. With this feature, you can compare maturity value against different investment amounts and frame a proper plan based on your investment capacity and financial goal.

NSC is one of the top and most sought after fixed return plans that allows you to contribute even a small sum and earn generous interest that compounds until maturity to give you healthy returns. When it comes to calculating returns from NSC, the post office NSC calculator is the best tool at your disposal. So use the NSC calculator and plan your investment wisely.

Frequently Asked Questions

Is NSC a good investment?

National Savings Certificate is one of the fixed income investment options available in India. It is one of the popular savings instruments in India. National Savings Certificate NSC is a Government saving scheme. Hence it guarantees returns. This savings bond encourages small and mid-income investors to save.

What is the current NSC interest rate?

The current interest rate on National Saving Certificate NSC is 7.70% p.a.. This rate is as on 09 July 2023. It is compounded annually.

How can I get money after NSC maturity?

Upon maturity, the investor can encash the investment in hard cash. Alternatively, he/she can choose to get it transferred to his/her bank account. If the investor fails to withdraw, then the investment will earn interest. The interest will be similar to the post office savings account for two years. Post which the investment will not earn interest.

Is the maturity amount of NSC taxable?

The interest is payable upon maturity. It is taxable as per the investor’s income tax slab rate. The interest earned every year is put back into the scheme. It qualifies for tax deduction under section 80c of the Income Tax Act.

Can NSC withdraw before maturity?

No, premature withdrawals are not acceptable for National Savings Certificate NSC investments. However, in exceptional cases like the death of investors or by court order, premature withdrawals are acceptable.

Can NSC be broken?

NSC has a lock in period of 5 years, and investors have to keep the amount locked-in until maturity. However, the scheme allows premature withdrawals upon the account holder’s unfortunate demise or upon court order.

Is NSC interest rate fixed?

The interest on NSC is 7.70% p.a. for the current quarter. The interest rate for NSC is announced by the Ministry of Finance every quarter. Returns from NSC are guaranteed, and it is compounded annually and paid at the time of maturity.