Check the current NSC interest rate for Q2 FY 2026-27, review five-year maturity examples and calculate an estimated maturity amount.
| Investment | Maturity (5 yrs) | Interest Earned | Effective Return |
|---|---|---|---|
| ₹10,000 | ₹14,490 | ₹4,490 | 44.9% |
| ₹25,000 | ₹36,226 | ₹11,226 | 44.9% |
| ₹50,000 | ₹72,452 | ₹22,452 | 44.9% |
| ₹1,00,000 | ₹1,44,903 | ₹44,903 | 44.9% |
| ₹1,50,000 | ₹2,17,354 | ₹67,354 | 44.9% + 80C |
| ₹2,00,000 | ₹2,89,805 | ₹89,805 | 44.9% |
| ₹5,00,000 | ₹7,24,513 | ₹2,24,513 | 44.9% |
| Period | NSC Rate | PPF Rate | SSY Rate |
|---|---|---|---|
| Q2 FY 2026-27 (Jul-Sep 2026) | 7.7% | 7.1% | 8.2% |
| Q1 FY 2026-27 (Apr-Jun 2026) | 7.7% | 7.1% | 8.2% |
| Q4 FY 2025-26 (Jan-Mar 2026) | 7.7% | 7.1% | 8.2% |
| Q3 FY 2025-26 (Oct-Dec 2025) | 7.7% | 7.1% | 8.2% |
| Q2 FY 2025-26 (Jul-Sep 2025) | 7.7% | 7.1% | 8.2% |
| Q1 FY 2025-26 (Apr-Jun 2025) | 7.7% | 7.1% | 8.2% |
| Q4 FY 2024-25 (Jan-Mar 2025) | 7.7% | 7.1% | 8.2% |
NSC full form is National Savings Certificate. It is a government-backed fixed income savings scheme available at post offices and major banks across India. NSC was designed to encourage small savings and provide a government-backed savings product with scheme terms set under the applicable rules. The rate and terms can change for new purchases when notified.
NSC has a fixed 5-year tenure. Once you invest, you get a certificate (now electronic) and receive the full maturity amount after 5 years. Interest is compounded annually but there are no annual payouts — all interest is received at maturity along with the principal. The page shows the currently applicable rate for the dated period covered and keeps a historical rate table for context.
NSC, PPF and FD have different rates and tax treatments. For example, PPF interest is tax-exempt under its applicable rules, while NSC interest has specific reinvestment and tax-treatment rules. Compare the dated rates and applicable tax rules rather than using a single rate to decide between products.
Offline: Visit any post office with Aadhaar, PAN card, and a passport-size photo. Fill the NSC application form, pay by cash/cheque/DD. You receive a physical or electronic certificate. Minimum investment: ₹1,000. No maximum limit. Offline process takes 30-60 minutes.
Digital availability depends on the current India Post/Postal Savings banking channels and eligibility. Check the official India Post or e-banking instructions before relying on an online purchase route.
The principal amount invested in NSC qualifies for Section 80C deduction up to ₹1.5 lakh per year under the old tax regime. Additionally, the interest accrued in Years 1, 2, 3, and 4 is deemed to be reinvested in NSC and also qualifies for 80C deduction — this is a unique dual benefit not available with most other 80C instruments. Only Year 5 interest is purely taxable. This makes NSC particularly tax-efficient for those in lower tax brackets.
NSC calculations depend on the applicable issue rules, interest rate and holding period. This page is designed to make the arithmetic easier to understand. Always review the latest official Post Office or government information before making an investment decision.