How is National Saving Certificate calculated?
How is National Saving Certificate calculated?
National Saving Certificate (NSC) Interest Calculator
- Go to Scripbox’s NSC Interest calculator.
- Enter the amount of investment.
- The term is already fixed at five years.
- The interest is fixed at 6.8%.
- Once the values are entered, click on calculate.
- The NSC Interest Rate calculator calculates the maturity amount.
How is NSC accrued interest calculated?
The amount invested up to Rs….Excel NSC Auto Accrued Interest Calculator and Table – NSC VIII and IX Issue.
| Period from the date of NSC to the date of encashment | Amount payable with interest |
|---|---|
| 3 Years or more but less than 3 Years and 6 Months | 124.24 |
| 3 Years and 6 months or more but less than 4 Years | 128.81 |
Can we deposit monthly in NSC?
In fact, you can invest up to 12 instalments in one financial year as long as the totality of investment does not exceed Rs 1.50 lakh. The NSC is a one-time investment. The investment can start from as low as Rs 100 and there is no maximum limit.
When did Mr.X purchase a national saving certificate?
Mr. X purchased National Saving Certificate (NSC) type VIII bond in Jan 2012, so in Certificate Type field, we need to select an option “VIII Issue, 1-Dec-2011 to 21-Mar-2012” After these information filled, you will be presented rate of interest and maturity duration for that National Saving Certificate (NSC) bond at that duration.
Is there a calculator for National Savings Certificate?
The NSC (National Saving Certificate) Calculator allows you to calculate the return on your investment when saving using the National Savings Certificate Scheme.
How to calculate return on savings with NSC?
The NSC (National Saving Certificate) Calculator allows you to calculate the return on your investment when saving using the National Savings Certificate Scheme. You can read more about NSC here and find further information below the NSC Calculator.
How can I find out the value of my Savings Certificate?
If you are registered for our online and phone service, log in or call us for an accurate valuation Otherwise please write to us. The calculator opposite gives a quick estimated value for your Index-linked Savings Certificates. The estimate is: