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SBI SecuritiesAn SBI Group Company

NSC Calculator

Calculate maturity value of National Savings Certificate investment.

Investment Details

₹1,00,000
₹1,000₹10,00,000

Minimum ₹1,000, no maximum limit

7.7%
5%10%

Current rate: 7.7% (Q4 FY24)

Lock-in Period

5 Years

NSC has a fixed maturity of 5 years

Maturity Details

Maturity Amount

1,44,903

After 5 years

Investment

1,00,000

Interest Earned

44,903

Effective Return44.90%
Tax Saved (80C)30,000

Assuming 30% tax slab

Year-wise Interest Accrual

Interest accrued each year is eligible for 80C deduction (except in final year)

YearOpening BalanceInterestClosing Balance
Year 11,00,0007,7001,07,700
Year 21,07,7008,2931,15,993
Year 31,15,9938,9311,24,924
Year 41,24,9249,6191,34,544
Year 51,34,54410,3601,44,903

NSC Features

Government Backed

100% safe, sovereign guarantee

80C Benefit

Investment + accrued interest eligible

Loan Collateral

Can be used as security for loans