National Savings Certificate(NSC) Calculator
To find the Return on Investment(ROI), maturity amount for your invested amount in NSC scheme.
Key Benefits of NSC(National Savings Certificate)
NSC is a low-risk scheme, it offers 100% capital protection and guaranteed returns.
NSC allows tax savings on investments
This is quite easy to invest in the NSC by visiting any Post Office.
NSC is accepted as a security document by Banks and NBFCs while applying for loans.
The government keeps revising the ROI every quarter.
The interest earned on the principal amount is added back and compounded annually till the time of maturity.
This NSC Tax Exemption Calculator is used the following Formulae :
NSC Maturity value = P × (1+r/200)2n
P = Investment Amount
r = Expected Annual Return Rate
n = Number of years