NSC Calculator

What is NSC? – National Savings Certificate Complete Guide 2026

NSC full form is National Savings Certificate. What is NSC? It is a government-backed savings scheme available at post office NSC counters across India. The national saving certificate scheme offers guaranteed returns with tax benefits under Section 80C.

NSC Meaning & Overview

NSC meaning refers to a fixed-income investment instrument issued by India Post. What is national saving certificate? It’s a 5-year saving certificate that offers fixed returns. The national savings certificate is part of national savings scheme and national small savings schemes offered by the government.

Whether you call it nsc certificate, postal NSC, or national savings certificates post office, this scheme remains one of the safest investments. NSC of India or NSC India is backed by the Government of India.

NSC Interest Rate 2024-25 & History

Understanding NSC interest rate history helps in investment planning. The post office NSC interest rate is revised quarterly:

The NSC interest rate 2024 at 7.7% is attractive compared to post office interest rate 2022 and post office interest rate 2021. Check small savings interest rates and small saving scheme interest rate for comparison with other national small saving scheme options.

5 Year NSC Interest Rate Chart

View the 5 year NSC interest rate chart and NSC 5 years interest rate chart showing historical trends. The NSC interest rate in post office has improved from 6.8% to 7.7% over recent years. Post office NSC interest rate 2021, post office NSC interest rate 2022, post office NSC interest rate 2023, and post office NSC interest rate 2024 show steady increases.

NSC Calculator – Year-wise Interest Calculation

The NSC interest calculator shows NSC interest calculator year wise for income tax purposes. Use national saving certificate calculator to understand

Use NSC calculator 2023, NSC calculator 2022, NSC calculator 2021 options to see returns at different rates. The post office scheme calculator and post office saving scheme calculator help plan investments effectively.

NSC Features & Benefits

Key features of national savings certificate NSC scheme:

How to Buy NSC Online & Offline

Learn how to buy NSC, how to purchase NSC, and how to invest in NSC:

Buy NSC at Post Office

1. Visit nearest NSC post office or NSC office
2. Fill NSC form or post office NSC form
3. Submit KYC documents (Aadhaar, PAN, photos)
4. Pay by cash/cheque for NSC purchase
5. Receive NSC passbook or certificate

How to Buy NSC Online

For how to buy NSC online and how to purchase NSC online:

1. Open India Post net banking account
2. Login to NSC website or NSC official website
3. Select NSC online purchase or buy NSC online
4. Enter amount and confirm
5. View NSC certificate online in account

For how to open NSC and how to open NSC online, the process is simple. NSC apply online through India Post is convenient.

NSC Tax Treatment & 80C Benefits

Understanding NSC taxability and calculation of NSC interest for income tax:

NSC Tax Benefit Under 80C

• NSC tax deduction: Principal invested qualifies for 80C
• National saving certificate tax benefit: Up to ₹1.5 lakh deduction
• Accrued interest (Year 1-4) also qualifies for 80C reinvestment
• NSC comes under which section: Section 80C of Income Tax Act

Is NSC Interest Taxable?

Is NSC interest taxable? Yes, NSC interest taxable or not – it is taxable in the year of maturity. However, is NSC tax free for years 1-4 as interest is deemed reinvested. How to show NSC interest in income tax: Report as “Income from Other Sources” in year 5.

NSC maturity taxability: Only 5th year interest is taxable if you’ve claimed 80C on accrued interest. Use NSC interest calculator for AY 2023-24 and NSC interest calculator for AY 2022-23 for tax planning.

NSC vs Other Investment Options

Compare NSC scheme with other saving schemes:

NSC vs KVP

NSC vs KVP comparison: Difference between NSC and KVP includes tenure (5 vs 9.5 years), tax benefit (only NSC has 80C), and interest payment (NSC at maturity, KVP doubles). Use NSC and KVP calculator for comparison.

NSC vs PPF

NSC vs PPF: PPF has 15-year lock-in vs NSC’s 5 years. PPF and NSC interest rate / PPF NSC interest rate comparison shows PPF at 7.1% vs NSC at 7.7%. NSC better for shorter commitment.

NSC vs FD

NSC vs FD comparison: Use FD vs NSC calculator to compare. NSC offers higher rates (7.7% vs 6-7% FD) plus 80C benefit. NSC bonds are safer than bank FDs.

NSC Loan & Premature Withdrawal

Loan Against NSC

Loan against NSC is available at banks and post offices. Loan against NSC from post office can be obtained by pledging the certificate. Fill NSC pledge form to avail loan facility.

NSC Premature Withdrawal

NSC premature withdrawal is generally not allowed. Can NSC be withdrawn before maturity? Only under special circumstances:

• Death of account holder
• Court order
• Forfeiture by pledgee (if pledged)

NSC premature closure is not permitted for normal reasons. The NSC lock in period is strictly 5 years. NSC time period cannot be reduced.

NSC Available at Banks

NSC in banks is available at select authorized branches:

• SBI NSC: NSC calculator SBI available, check SBI NSC interest rate
• Bank NSC: Other nationalized banks also offer NSC
• India Post NSC: Primary issuer at all post offices

Most prefer post office nsc scheme as it’s the primary channel. Visit NSC near me by locating nearest post office.

NSC Maturity & Returns

Understanding NSC maturity and national saving certificate returns:

NSC Maturity Value Chart

Use NSC maturity value chart and NSC maturity calculator to see returns:

Check 10000 NSC after 5 years returns using our calculator. NSC return calculator and NSC scheme calculator provide accurate projections.

Important Government Links

Frequently Asked Questions (FAQ)

NSC Kya Hai – राष्ट्रीय बचत पत्र

NSC kya hai? NSC का फुल फॉर्म राष्ट्रीय बचत प्रमाणपत्र (National Savings Certificate) है। यह डाकघर में उपलब्ध 5 साल की बचत योजना है जिसमें 7.7% वार्षिक ब्याज मिलता है। यह 80C के तहत कर लाभ प्रदान करती है।

NSC details in Hindi: न्यूनतम निवेश ₹1,000, कोई अधिकतम सीमा नहीं। यह सुरक्षित निवेश है क्योंकि यह भारत सरकार द्वारा समर्थित है।