National Saving Certificate: Features, Benefits, Eligibility Criteria and Detailed Comparison of Top Saving Schemes in India · Content Duplication Tool

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What is a National Savings Certificate?

The National Savings Certificate (NSC) is a popular fixed-income security aimed at promoting savings and investment among the country's people. The Government of India fosters these savings schemes through its Post Offices. It is a secure, low-risk product suitable for conservative investors, offering assured returns and tax benefits under Section 80C of the Income Tax Act. The interest rate for NSC is fixed at 7.7% per annum (compounded yearly and payable at maturity) for FY 2025-26, and this rate has remained unchanged for the January-March 2026 quarter.

19.3%

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Here are 10 Saving Schemes and Plans where you can Invest for a Secure Future:

National Savings Certificate (NSC) : National Savings Certificate, another government-backed saving scheme, furnishes guaranteed returns along with tax-saving investments. You can capitalize on an NSC at the neighbouring post office. The lock-in period for the scheme is five years. The government evaluates the interest ratio of the scheme once every quarter and verifies it. However, the interest rate will not alter during the term after you acquire the certificate. Tax deductions can be claimed on the investment up to Rs.1.5 lakh under Section 80C. Nowadays, the interest rate of 6.8% p.a. is applicable. The interest will be yearly compounded and compensated only on maturity. Upon maturity, the interest accrued is taxable and must be added to the cumulative annual income. The revenue reinvested and compounded is competent for tax deduction under Section 80C. Learn more about National Saving Certificate

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What is a National Savings Certificate?

Here are 10 Saving Schemes and Plans where you can Invest for a Secure Future: