NSC Accrued Interest Chart: Calculate NSC Interest Instantly

The following chart will help you to calculate NSC interest instantly. You can use the following NSC accrued interest chart as a calculator.

On certificates issued upto 31.3.2016 interest shall be compound half-yearly. The amount of interest accruing on a certificate of Rs. 100 shall be as follow:

nsc interest accured chart part 1The following table will enable an assesse to calculate the accrued interest for all the years instantly.

NSC’s VIII Issue Interest Accrual Table Chart

nsc interest accured chartThe amount of interest accruing on certificates of other denominations shall be proportionate to the amount specified above.

Post Maturity Interest: Where on maturity, the amount has become due but not paid, it shall carry interest from the date of maturity up to the date of repayment at the prevailing POSB A/c rate.

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18 Comments

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  1. Since the post office pays interest only on the date of maturity of the NSC can we include the entire iñterest paid on the maturity date in our income tax return and pay tax. Is it allowed by IT rules. Please clarify.

  2. S.DAS 07.11.2017.

    I have purchased from my retirement benefit on 6.2.2017 , 5 nos of NSC VIII issue @ Rs.1.00 lac each. Prevailing interest rate was 7.90% at that time. Interest earned from NSC is taxable in the hands of I.T assessee. I now want to know the three methods to calculate my accrued interest to declare my interest income from 17-18 onwards as well as deduction under Sec.80C. Also please let me know is it required to strict only one principal method of calculation for all the NSC purchase on 6.2.17 as mentioned above or may take separate method of int calculation for each purchase during the entire period of investment

  3. Gopes Chandra Chaki

    I have purchased NSC VIII Issue on 17-04-2017 and 20-04-2017(5Years) respectively.

    Will you please let me know the TABLE for VIII Issue Accrual Interest CHART(RS.100 Denomination).Date of Maturity is 17-04-2022 & 20-04-2022.

    Prevailing Intt. rate was 7.9% at that time.I wish to know Accr. Intt in 1st,2nd,3rd,4th and 5th year.

  4. B.B.Bhattacharya

    Please intimate what will be the interest accrued during the year of NSC invested during FY 2016-17 which will have rebate under Sec-88. Alternately, what will be the accrued interest during each FY subsequently so that amount of interest can be re-invested under Sec-80C.

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