What is the current NSC interest rate?

For Jul–Sep 2026 the notified NSC rate is 7.7% p.a. Rates are reviewed every quarter by the government.

Yes. Deposits qualify for Section 80C in the old regime, and each year's interest is treated as reinvested and also counts for 80C, except in the final year.

NSC Calculator India

The NSC calculator shows the 5-year maturity value of a National Savings Certificate. Enter a one-time investment to see the maturity amount and interest earned.

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How the NSC Calculator India works

NSC is a 5-year small savings scheme offered through post offices, at 7.7% a year. The government sets small savings rates every quarter. This guide uses the rates the calculator uses, notified for Jul–Sep 2026.

Interest is compounded yearly and paid with the principal at the end of 5 years.

The investment is eligible for Section 80C within the ₹1.5 lakh cap. Interest is taxable, and is treated as reinvested each year.

Formula

A = P × (1 + r)^5

P = amount invested
r = 7.7% a year (as a decimal)
5 = tenure in years

Worked example: ₹1,00,000 in NSC at 7.7%

Growth factor = 1.077^5 = 1.4490.
Maturity value = ₹1,44,903.
Interest earned over 5 years = ₹44,903.

Year-by-year growth of ₹1,00,000 in NSC at 7.7%
Year	Opening value	Interest	Closing value
1	₹1,00,000	₹7,700	₹1,07,700
2	₹1,07,700	₹8,293	₹1,15,993
3	₹1,15,993	₹8,931	₹1,24,924
4	₹1,24,924	₹9,619	₹1,34,544
5	₹1,34,544	₹10,360	₹1,44,903

Illustrative, assuming a constant rate. Actual returns and rates vary.

Tips

The yearly interest is added to the certificate, not paid out. It still counts as income for tax.
For ₹1,00,000, NSC gives ₹1,44,903 and a 5-year TD gives ₹1,44,995, so compare both.
Buy NSC when you want a fixed amount on a fixed date five years away.

Want to know if your whole plan is on track? Get your free money score in about two minutes. No PAN, no Aadhaar.

About the NSC Calculator India

Free NSC calculator India. Estimate 5-year National Savings Certificate maturity at the notified 7.7% p.a. rate (Jul–Sep 2026).

Frequently asked questions

What is NSC?: National Savings Certificate is a 5-year small savings scheme offered through post offices in India. Interest is compounded annually.
What is the current NSC interest rate?: For Jul–Sep 2026 the notified NSC rate is 7.7% p.a. Rates are reviewed every quarter by the government.
Does NSC save tax?: Yes. Deposits qualify for Section 80C in the old regime, and each year's interest is treated as reinvested and also counts for 80C, except in the final year.

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