NSC Calculator

The best online tool to know about interest rates and maturity amount

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


The National Savings Certificate (NSC) is a government-backed, no-risk savings scheme that offers fixed returns and tax benefits. However, it would help if you knew about the interest rate applicable to your investment and the amount you will get on maturity. Rather than asking around in your office, you can bank on our NSC calculator online. Read on to learn more about the scheme and the calculator.   

Understanding the National Savings Certificate (NSC)

NSC is a savings scheme offered by the government of India. The scheme encourages savings largely among low-to-moderate-income earners. The scheme is a popular choice in India as it is a low-risk product that gives a current interest rate of 7.7% compounded annually, along with tax benefits.

To invest in the scheme, you need to visit the nearest post office, fill out an application form, and provide the required documents. 

NSC Calculator Explained

The NSC calculator is an online utility tool that allows users to estimate the potential returns from their NSC investment upon maturity. The calculator factors in details like investment amount, interest per annum, and duration (a lock-in period of 5 years after which they can either withdraw or continue getting interest on the investment). The calculator does more than just project future potential returns. It also helps investors plan their financial goals and manage their finances better. 

How does the NSC calculator work?

The NSC calculator works by processing the details provided by users such as the investment amount and interest rate and it automatically factors in the five-year duration. Once the user inputs the mentioned parameters, the calculator provides the principal amount and interest earned. 

Using the National Savings Certificate (NSC) interest calculator

The NSC calculator is readily available on many financial platforms and they are super easy to use. You just need to follow three simple steps outlined below: 

Step 1: Scroll up to our NSC interest calculator above. 

Step 2: Enter the amount you want to invest. 

Step 3: Adjust the current NSC interest rate (the interest rate is subject to change).

Since the NSC has a lock-in period of five years, there is no need to input duration. Once the details are entered, the calculator will automatically provide the return immediately. 

How the National Savings Certificate (NSC) calculator can benefit you

Besides being a high-utility investment tool, the NSC calculator provides several other benefits.


  • Accurate numbers


Computing investment returns is the primary function of the NSC calculator and it performs the task admirably. Upon entering the necessary parameters correctly, the calculator projects an accurate calculation of your investment value.


  • User-friendly


Despite slight variations in NSC calculators offered by different providers, the calculator is extremely user-friendly. Most of the NSC calculators online are self-explanatory and all that the user has to do is enter the required information correctly.


  • Doubles up as your financial planner


The fixed interest rate feature of the NSC scheme enables the NSC calculator to project precise returns upon maturity. Based on this information, NSC investors can tweak their investment strategies in line with their financial goals.


  • Saves time


The computation time of the NSC calculator is in terms of seconds and no manual computation can beat that. The quick computation saves time and eliminates errors. The calculator also allows investors to experiment with different investment amounts and interest rates to choose the best option.


To sum up, the NSC scheme and the NSC calculator bring several benefits to users. While the savings scheme is primarily meant for low/moderate income earners in India, any Indian citizen can subscribe to this scheme by visiting the post office. It is a secure and tax-efficient short-term investment scheme that helps investors save for the future while gaining attractive interest.


1.What is the rate of interest offered by NSC?

The current interest rate of the NSC scheme is 7.7% per annum.

2.What happens after my NSC investment matures?

On maturity, investors can withdraw their money in cash or transfer it to their bank account. If the investor wishes to keep the matured corpus with NSC, it will continue to earn interest.

3.Do I need to pay tax on the NSC maturity amount?

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

4.Can I break the NSC investment?

NSC comes with a lock-in period of five years. However, the government allows premature withdrawal in certain specific circumstances.

5.How do I calculate tax on NSC?

In NSC investment, the initial investment amount is tax-free as long as the principal amount is kept under ₹1.5 lakh. However, the interest gained on the principal amount is considered as income and is subject to taxation.