National Savings Certificate (VIII issue)

Government of India · Public schemes

Rate a year: 7.70%

Facts read on · Source

The facts

Term
5 years
Deposit
From ₹1,000, no upper limit
Tax
80C; interest taxed

Worth knowing

Interest is compounded once a year and paid at maturity, at the rate on the day of purchase. The interest added each year, except the last, also counts toward 80C in the old regime.

Rate history

Rates are added, never edited, so earlier rates stay on this page.

  1. : 7.70% · 60-month term

Public schemes, side by side · Work it out with your own figures

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For education only. The Savingy Guide explains how money products and decisions work in general terms. It is not financial, investment, tax, insurance or legal advice, and it does not recommend any product. Rules, rates and figures change, so check the current terms before you act, and speak to a qualified professional about your own situation.