₹1.50L
7.7%
Disclaimer
NSC interest rate is revised quarterly. Currently 7.7% p.a. (VIII Issue).
Conclusion
By investing ₹1.50L in an NSC at 7.7% interest, you will receive ₹2,18,855 at maturity after 5 years, earning a total interest of ₹68,855.
Maturity Amount
₹2,18,855
Invested
₹1,50,000
Interest Earned
+₹68,855
Value in Today's Money
₹1.64L
Adjusted for 6.0% annual inflation over 5 years.
Month-by-Month Schedule
| Year | Opening | Interest | Closing | 80C Benefit |
|---|---|---|---|---|
| 1 | ₹1,50,000 | ₹11,772 | ₹1,61,772 | ₹11,772 |
| 2 | ₹1,61,772 | ₹12,696 | ₹1,74,469 | ₹12,696 |
| 3 | ₹1,74,469 | ₹13,693 | ₹1,88,161 | ₹13,693 |
| 4 | ₹1,88,161 | ₹14,767 | ₹2,02,929 | ₹14,767 |
| 5 | ₹2,02,929 | ₹15,926 | ₹2,18,855 | ₹0 |