How to Calculate NSC Maturity Amount? Let's understand this with an example: Suppose you purchased an NSC certificate by investing ₹50,000 for 5 years at an interest rate of 6.8% compounded annually. Therefore, the NSC amount on maturity after 5 years, providing 6.8% annual interest, will be ₹69,000.

Step 1: Open Department of Posts (DOP) net banking and log in. Step 2: Under 'General Services', select 'Service Requests'. Step 3: Click on 'New Requests' and choose 'NSC Account – Open an NSC Account (For NSC)'. Step 4: Enter the deposit amount and choose the debit account linked to the PO savings account.

Index-linked Savings Certificates You can cash in at the end of a term with no penalty or loss of interest. Certificates starting their term on or before 22 July 2023 can be cashed in early but a penalty is deducted from your payment, equivalent to 90 days' interest on the amount cashed in.

Fixed interest is earned on NSC certificates. The current interest rate is 7.7%. NSC, like other fixed-income instruments such as PPF and Post Office FDs, is a safe and low-risk vehicle. The required minimum deposit is Rs 100.