NSC with Reinvestment Calculator

National Savings Certificate (NSC) is a post office savings scheme offered by India Post, providing 7.7% guaranteed annual returns with a fixed 5-year lock-in period. You can invest any amount from ₹1,000 to ₹9.99 lakh (per person per financial year) at any post office. Unlike FD (which compounds automatically), NSC pays interest annually, but you can reinvest that interest to create additional compounding. Alternatively, interest is credited to your savings account. NSC is designed for disciplined savers who want government-backed safety and higher returns than FD, without stock market risk. The scheme is unique because it doubles your investment in approximately ~10 years due to the 7.7% rate—hence the motto 'double your money in 10 years.' At maturity (5 years), you can reinvest the entire amount into a new NSC, extending the lock-in for another 5 years, creating a perpetual wealth-building cycle. Many retirees and conservative investors prefer NSC over FD because the post office has direct government backing and NSC historically maintains higher rates than most banks. NSC interest is fully taxable but can be reinvested to defer tax liability by claiming Form 15G/15H.