NSC Calculator — ₹1 Lakh Investment for 5 Years

Investing ₹1 lakh in NSC at 7.7% for 5 years gives a maturity value of ₹1.45 lakh — earning ₹44,903 in interest. Interest is compounded annually but paid at maturity.

Principal Invested

₹1,00,000

Interest Earned

₹44,903

Maturity Value (5 yrs)

₹1,44,903

NSC VIII Issue: 5-year lock-in, compounded annually but payable at maturity. Current rate: 7.7% p.a. Investment qualifies for deduction under Section 80C up to ₹1.5L.

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Calculated with CalcHub

Common questions about NSC Calculator — ₹1 Lakh Investment for 5 Years

How much interest does NSC give on ₹1 lakh?

At 7.7% compounded annually for 5 years, ₹1 lakh in NSC earns ₹44,903 in interest, giving a maturity value of ₹1,44,903. Interest is calculated yearly but paid only at maturity.

Is NSC interest taxable?

NSC interest is taxable under "Income from Other Sources." However, the accrued interest (years 1-4) can be claimed as a fresh 80C deduction each year since it's deemed reinvested. Only year-5 interest is effectively taxed without 80C offset.