What is the interest rate on NSC?

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• How is the interest paid on NSC?

  The interest on NSC is accrued yearly. But is paid out only at the time of maturity. You can reinvest the interest back into the scheme.

• What is the Interest rate on such bonds?

  Currently, an interest rate (coupon rate) of 6%, payable annually, is being offered on this bond annually on 1st April and final interest is payable at the time of maturity. The interest is taxable.

• What is the interest rate on this scheme?

  The interest rate on this scheme is 8.5%, which is among the highest rates among other schemes.

• Is there more than one type of NSC?

  Yes, there are two types of NSC Certificates, based on their tenure and the time they were released by the Post office. NSC Issue VIII These certificates have a 5-year maturity period. Everyone can invest in these, except HUFs and Trusts. They come ...

• Interest

  Any interest income received from saving bank account, FD/RD, income tax refund or any other mode. You can avail the benefit of Rs 10,000 U/S 80TTA from saving bank interest if age is below 60. If you are a senior citizen u can avail the benefit of ...