NSC Calculator

National savings certificate is an Indian government savings bond. It is popularly known as NSC. The below NSC calculator helps you to calculate maturity value. Just enter investment amount, interest rate and the number of years in the national savings certificate calculator to get the result.

National Savings Certificate Calculator

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National savings certificate is an Indian government savings bond. It is popularly known as NSC. The below NSC calculator helps you to calculate maturity value. Just enter investment amount, interest rate and the number of years in the national savings certificate calculator to get the result.

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Formula

NSC Maturity value = P × (1+r/200)2n
Where, P = Investment Amount r = Interest Rate n = Number of years

The National saving certificate scheme is designed for businessmen, government employees and other salaried classes who are income tax assessees. There is no tax deduction at source. National savings certificate (NSC) is used for small savings and income tax saving investments in India. Certificates can be kept as collateral security to get the loan from banks and is a part of the postal savings system of Indian Postal Service. This online NSC calculator allows you to calculate the National Savings Certificate maturity value in different currencies like Dollar, Rupee, Cent, Pound, Euro etc. All the results given by this online National Savings Certificate calculator are accurate and reliable results.

Example

If $200000 is invested for 5 years at the interest rate of 8.4. Calculate the NSC maturity value?
NSC Maturity value = 200000 × (1+8.4 /200)2 × 5
= 301791.6262$



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