National Savings Certificate (NSC)
Government-backed savings bond with 80C tax benefit. Current rate: 7.7% p.a. | 5-year lock-in
Investment Details
No maximum limit. 80C benefit up to ₹1.5L
₹
₹1,000₹10,00,000
Government rate (revised quarterly)
%
6%9%
For calculating effective returns
%
0%30%
Key Features
Lock-in Period5 Years
CompoundingAnnual (reinvested)
Tax BenefitSection 80C
Interest TaxableYes, at slab rate
Maturity Value5-Year Return
₹2.17 L
After 5 years
Breakdown
Loading chart...
₹1.50 L
Principal
₹67.4K
Interest Earned
Effective Annual Return
21.40%Considering 80C tax savings of ₹45.0K
Section 80C Benefit
Eligible Investment₹1,50,000
Tax Bracket30%
Tax Saved₹45,000
Additional 80C on Interest
Reinvested Interest (Yr 1-4)₹51,815
NoteSubject to 80C limit
Total Tax Benefit₹45,000
On initial investment under Section 80C