NSC Calculator

The NSC Calculator determines the maturity value of National Savings Certificate investments, considering the principal amount, interest rate, and tenure, aiding in financial planning.

Amount Invested




Rate of Interest (P.A)




Compounding Frequency


Half Yearly


Time Period

5 Years

Principal Amount


Total Interest


Amount in 5 Yr.


Principal Amount


Knowing what the current interest rates are and estimating the maturity amount is elementary to investing in the National Savings Certificate (NSC) scheme. However, these things aren’t easy for some. If you’re one of those who struggles with the math, or just need to save some time, our the NSC calculator 2024 is for you.

What is a National Saving Certificate (NSC)? 

To begin with, let’s make sure we are clear about how the NSC scheme works. NSC is a savings scheme offered by the Government of India. A fixed-income scheme, NSC is seen as a safe option and is popular among risk-averse investors. It is also a popular choice for low to moderate income earners, as it encourages saving while providing guaranteed returns. Currently, it has an interest rate is 7.7%.


To invest in the scheme, you must simply visit your nearest post office, fill out an application form, and provide the requisite documentation. But first, consider using our calculator to estimate potential returns.

What is an NSC calculator?

The NSC calculator is an online tool used to estimate the maturity amount and interest earned on an NSC investment. It performs calculations in accordance with the NSC scheme rules and provides quick and accurate results. Investors can use it to plan and make informed decisions.


The term for NSC investments is fixed at five years.

How does the NSC calculator work? 

The calculator essentially processes user inputs to calculate the maturity amount and interest earned on NSCs. Here’s how the one above works:

  • User enters essential details like the principal amount invested and the interest rate.
  • The NSC calculator uses these details and a formula based on the NSC scheme rules to calculate the interest earned on the principal amount over the tenure. (The government revises the interest rate from time to time. The calculator is updated when this happens.)
  • By adding the interest earned to the principal amount, the calculator also determines the maturity amount.

How to use the National Saving Certificate (NSC) interest calculator

Using the NSC calculator is extremely simple. Any user with an internet connection can use it by following the steps below:


Step 1: Go to our NSC interest calculator from your phone or desktop. 


Step 2: Enter the amount you want to invest.


Step 3: Once the values are entered, hit “Calculate.”


The calculator will do the work and share the maturity amount and interest earned.

Benefits of using a National Savings Certificate (NSC) calculator 

Using an NSC calculator comes with several benefits that go beyond simplifying calculations. Let’s look at some of them.


  • Accurate calculation

First and foremost, the NSC calculator provides accurate calculations. It factors in all the important parameters to give you precise, verifiable results.


  • Ease of use

The NSC calculator is just a few clicks away on the internet. The user interface is easy to use and navigate, regardless of one’s financial expertise.


  • Financial planning

Like other investment calculators, this one helps investors plan their savings and investment strategy more effectively. By determining the amount they need to invest and the expected returns, it helps plan financial goals.


  • Time saving

The NSC calculator saves time by generating results in seconds. Manual calculations, by contrast, can be time-consuming and prone to errors.


NSC investments offer a secure avenue for investors to earn reliable returns while also enjoying tax benefits. And using an NSC calculator simplifies the investment process. It thus facilitates better financial planning, and enables individuals to make better-informed investment decisions.


1.What is the current NSC interest rate?

The Ministry of Finance announced that NSC’s current interest rate, as of July 2023, is 7.7%.

2.How can I get money after NSC maturity?

Upon maturity, NSC investors can withdraw their money in cash or transfer it to their bank account. If the investor chooses not to withdraw the money, the investment will continue to earn interest.

3.Is the maturity amount of NSC taxable?

Yes, the maturity amount of NSC is taxable under Section 80C of the Income Tax Act.

4.How is the NSC tax calculated?

In the case of NSC investment, the interest income is subject to taxation. The initial investment amount remains tax-free as long as it is less than ₹1.5 lakh.

5.Is it possible to break the NSC?

NSC has a mandatory lock-in period of 5 years. However, in certain exceptional circumstances early withdrawals may be permitted.

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