NSC Calculator Online

Investment Amount
Time Period
Compounding Frequency
Half Yearly

All about NSC Calculator | Know How Much Money You Will Have at Maturity

Do you want to save money through a government-backed investment option with assured returns? In that case, the National Savings Certificate scheme (NSC) can be an optimal investment avenue to consider. The central government came out with this scheme in order to encourage Indian citizens to invest.

You can use Kuvera’s NSC Interest Rate Calculator to determine how much you can earn at maturity based on the current NSC interest rates.

What is NSC?

A National Savings Certificate is an investment product with a fixed rate of return that can be opened at any post office in the nation. It is an investment product introduced by the Indian government. The government introduced it to encourage subscribers (often small and middle-class individuals) to invest their money while also reducing their income tax burden. People may use NSC for guaranteed returns as well as for tax-saving purposes.

The scheme is safe and a low-risk product, it is as safe as other government-backed fixed income investment schemes like Public Provident Fund or Post Office Fixed Deposits. One can choose to purchase it from any of the neighbourhood post offices in their own name, or for a child, or as a joint account holder with another adult.

The National Savings Certificate has a 5-year fixed maturity. There is no maximum limit for the investment in NSCs, however, it is important to note that investments up to a limit of Rs. 1.5 lakhs in the National Savings Certificate are tax exempt for the investor under Section 80C as per the Income Tax Act, 1961.

What Are The Features of NSC?

Fixed Income Rate

A person investing in NSC will be able to receive a guaranteed return of 6.8% per year in interest as on date 15 July 2022. They might enjoy the convenience of a consistent and reliable source of income.

Saving Taxes

One can simply invest in the National Savings Certificate scheme up to a ceiling of Rs. 1.5 lakhs, and deduct the same from his/her taxable income since it qualifies for tax exemption under Section 80C of the Income Tax Act of 1961.

Low Threshold

As a starting point for the investment, one can invest as low as INR 100.

Fixed Interest

As of July 15, 2022, the National Savings Certificate's interest rate is set at 6.8%. It should be noted that the government changes the National Savings Certificate's interest rate every three months. Your investment in NSC during its tenure will earn interest at the rate which was applicable at the time you made the investment.

Fixed Maturity

Investment in NSC is for a duration of 5 years.

Simple Access

By presenting the required documentation and satisfying the KYC requirements, anyone can invest in the National Savings Certificate scheme at any of the post offices. The National Savings Certificate can be easily moved from one post office to another.

Loan Collateral

The National Savings Certificate is accepted as security or collateral for secured loans by all of the major banks and NBFCs. The National Savings Certificate must be transferred to the possession of the bank in order to accomplish this, and the pertinent postmaster must stamp it with a transfer stamp.


The National Savings Certificate's interest is compounded and automatically reinvested.


An investor may choose a member of his family, including a minor, to receive the investment in the tragic event of the investor's passing.

Corpus after maturation

The person would receive the full maturity value at the appropriate time. The subscriber is responsible for paying the appropriate tax on National Savings Certificate distributions since there is no TDS applied to them.


The National Savings Certificate has a lock-in period of 5 years.

How To Use Kuvera’s NSC Calculator?

Using Kuvera's NSC Interest calculator, we can determine the maturity amount and the interest earned. These are the fundamental actions that need to be taken to calculate the maturity amount:

  • Open the Kuvera NSC Interest Calculator.

  • Enter your investment amount.

  • The timeline has already been set at five years. This is due to the NSC's five-year lock-in.

  • The current rate of interest is 6.8% as of July 15, 2022, this is the current interest rate set by the Ministry of Finance.

  • After you've entered your data, hit the calculate button.

  • The maturity amount is calculated using Kuvera's NSC Interest Rate Calculator. It also computes the amount invested and the interest earned.

How To Invest in NSC?

One can invest in NSC through any post office. One needs to follow the procedure below.

  • Obtain and complete the application form with all the necessary information.

  • Original copies of identity and address evidence should be made available for investor verification.

  • After completing the paperwork, the investor may pay the amount in cash, demand draft, or check made payable to the postmaster.

  • Finally, choose a nominee and get a witness's signature to finish the procedure.

Who Can Invest In NSC?

Only individual Indian residents can invest in NSC. Non-resident Indians (NRIs), Hindu United Families (HUFs), and trusts are not eligible for the savings scheme.

What are the benefits of NSC Calculator?

An NSC calculator can assist a user in determining the future value or maturity proceeds of money invested in NSC. To calculate the maturity value of an NSC after five years, just enter the amount invested and the current interest rate (6.8% as on 18 July 2022) into Kuvera’s NSC Calculator.

If you haven't already, start investing for your goals on Kuvera. Set up your goals and experience the smarter way to invest in commission-free Mutual Funds, online Fixed Deposits, Indian Stocks, and more. Kuvera is your safe space to invest


What is the minimum investment amount in NSC?
Is the interest offered under NSC simple or compound?
Is the interest earned on NSC tax exempt?
What is the maximum amount one can invest in NSC?
What is the lock-in period in the case of NSC?
Can there be premature withdrawal in case of NSC?
Can children invest in NSC?
Are the returns on NSC guaranteed?