Government Schemes
What is NSC (National Savings Certificate)? — Meaning, Definition & Example
Definition
NSC is a fixed-income investment scheme offered by India Post with a 5-year lock-in. Current interest rate is 7.7% p.a. compounded annually. Investment qualifies for Section 80C deduction. Interest earned is reinvested and taxable only in the final year.
💡 Real Example
Investing ₹1 lakh in NSC at 7.7% for 5 years gives maturity value of approximately ₹1,44,903 with annual compounding.
🇮🇳 NSC (National Savings Certificate) in Hindi / हिंदी में
NSC (नेशनल सेविंग्स सर्टिफिकेट) — NSC भारत डाक द्वारा प्रदान की जाने वाली 5 साल के लॉक-इन वाली फिक्स्ड इनकम निवेश योजना है। वर्तमान ब्याज दर 7.7% प्रति वर्ष है।
NSC (National Savings Certificate) (Hinglish) — NSC India Post ki 5-saal lock-in wali fixed income investment scheme hai. Current rate 7.7% hai. Section 80C deduction milta hai.
❓ Frequently Asked Questions
What is NSC (National Savings Certificate) in simple words?
NSC is a fixed-income investment scheme offered by India Post with a 5-year lock-in. Current interest rate is 7.7% p.a. compounded annually. Investment qualifies for Section 80C deduction. Interest earned is reinvested and taxable only in the final year.
Can you give an example of NSC (National Savings Certificate)?
Investing ₹1 lakh in NSC at 7.7% for 5 years gives maturity value of approximately ₹1,44,903 with annual compounding.
What is NSC (National Savings Certificate) meaning in Hindi?
In Hindi, NSC (National Savings Certificate) is called NSC (नेशनल सेविंग्स सर्टिफिकेट). NSC भारत डाक द्वारा प्रदान की जाने वाली 5 साल के लॉक-इन वाली फिक्स्ड इनकम निवेश योजना है। वर्तमान ब्याज दर 7.7% प्रति वर्ष है।