NSC Interest Calculator

National Saving Certificate (NSC) is one of the most popular post office tax saving scheme.

National Savings Certificates (NSC) Calculator is adaptable calculator used for calculating maturity amount of National Savings Certificates (NSC) invested in Post Office for a specified period.

NSC is primarily used for small savings and income tax saving investments in India.

National Saving Certificate (NSC) can be purchased from any Post Office in India by an adult, a minor, a trust, and two adults jointly.

NSCs don’t allow premature withdrawals.

Minimum Amount to be invested in National Savings Certificate is Rs. 100 and there is no maximum limit on the amount to be invested in the NSC

Facts About NSC

* Minimum investment Rs. 100/-
* No maximum limit for investment.
* No tax deduction at source.
* NSC VIII Issue (5 years) - Interest rate of 8.1% per annum.
* Deposits qualify for tax rebate under Sec. 80C of IT Act.

Features of NSC Calculator

* This android app is easy to understand & use
* No Internet connection is required for NSC calculator
* In NSC Calculator you can visualize the calculations Graphically.
* With this NSC Calculator, you can display the reports Yearly or Monthly.

Types of National Savings Certificates (NSC)

There are 3 types of National Savings Certificate

Single holder Type Certificate : This type of NSC can be taken by individuals.

Joint A Type Certificate : This type of NSC can be taken jointly to 2 adults. It is paid to both of the joint holders.

Joint B Type Certificate : This type of NSC can be taken jointly to 2 adults payable to either of the holders.