NSC Calculation Formula

National Savings Certificate is otherwise called as NSC. It is a savings bond of Indian Government mainly used for small savings and It is a division of postal saving system. NSC certificate gives the holder tax benefit at the maturity period. Such benefit or maturity value can be calculated using this below NSC calculation formula. This formula guides you to calculate the maturity value based on the inputs such as investment amount, the rate of interest and number of years.


NSC Maturity value = P × (1+r/200)2n


P = Investment Amount
r = Interest Rate
n = Number of years

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NSC calculation formula provided below will be an essential formula in the country like India where people focuses on small savings. This formula helps you to calculate your maturity value by yourself without depending on the post office.

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