HomeSavings SchemesNational Savings Certificate (NSC)

National Savings Certificate (NSC)

National Savings Certificate (NSC) is a government-backed savings scheme that offers guaranteed returns and attractive tax benefits. It is one of the most popular investment options for individuals looking for a safe and low-risk way to grow their savings. In this article, you’ll learn everything about the National Savings Certificate, including the latest interest rate, eligibility, investment limits, tax benefits, maturity period, and how to invest.

Rate of Interest7.7% per annum
CompoundedYearly
Tenure5 Years
Interest PayableOn Maturity
Minimum DepositRs. 1,000
Maximum DepositNo Limit

Resources

  • NSI India
  • IndiaPost
  • National Savings Certificate VIII Issue Rules 2019 ​​
  • Forms available

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