Investments
NSC Calculator
National Savings Certificate — government-backed 5-year fixed deposit with 7.7% rate, 80C tax benefit. Calculate exact maturity at current rate.
Inputs
Q1 FY 2026-27 · Government-notified · 5-year fixed lock-in · 80C eligible
Year-by-year balance
Compounded annually · interest accrued (taxable) but reinvested
FAQs
What is NSC interest rate 2026?
7.7% per annum (Q1 FY 2026-27), notified by Government quarterly. Compounded annually but reinvested.
Is NSC tax-free?
No. Deposit gets 80C deduction (₹1.5L cap, old regime). Interest accrued each year is taxable BUT also re-eligible under 80C — so net tax neutral if you stay within 80C limit.
NSC vs PPF — which is better?
PPF wins on tax (EEE — fully tax-free). NSC at 7.7% beats PPF at 7.1% on rate but PPF's tax-free maturity makes it superior post-tax for most people. NSC has 5-yr tenure vs PPF 15.
Where can I buy NSC?
Any India Post Office. Many private and public banks also accept (SBI, ICICI, HDFC). Online opening via India Post Payment Bank also available.