NSC Key Facts
NSC (National Savings Certificate) is a fixed-income investment scheme at post offices. Minimum investment ₹1,000. No maximum limit. Interest compounded annually but paid at maturity. Section 80C: Investment qualifies for deduction. Tax on interest: Interest accrued is deemed reinvested (80C deductible each year for first 4 years), and only 5th year interest is fully taxable.
⚠️ Disclaimer: NSC rates are revised by GoI quarterly. Verify latest rate at India Post. Source: Ministry of Finance, India Post.
Last Updated: June 2025 · Reviewed by Wolf Office Tools Editorial Team