NSC Tax Benefit Under Section 80C Calculator
NSC investment qualifies for Section 80C deduction up to ₹1.5 lakh. Investing ₹1.5 lakh saves up to ₹46,800 in tax (30% bracket). Additionally, accrued interest in years 1-4 also qualifies for 80C deduction.
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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