NSC Interest rates for Last 25 Years
The National Savings Certificate (NSC) is a fixed-income savings scheme offered by the Government of India, primarily designed to encourage small savings and provide a secure investment avenue for individual investors. Available at all post offices across the country, the NSC is considered a low-risk and tax-efficient investment.
Key Features of NSC
- Guaranteed Returns: NSC offers fixed interest rates, reviewed quarterly by the Ministry of Finance. As of Q2 FY 2025-26 (July to September 2025), the interest rate stands at 7.70% per annum, compounded annually but payable at maturity.
- Maturity Period: The NSC currently comes with a 5-year maturity period.
- Tax Benefits: Investments in NSC qualify for deduction under Section 80C of the Income Tax Act, up to a limit of ₹1.5 lakh per financial year.
- Minimum Investment: One can start investing in NSC with as little as ₹1,000, with no maximum limit.
- Interest Reinvestment: The interest earned (except in the final year) is reinvested and also qualifies for Section 80C benefits.
NSC Interest Rates for Last 25 Years
| Period | Interest Rates |
| 01-Jan-1999 to 14-Jan-2000 | 11.5 |
| 15-Jan-2000 to 28-Feb-2002 | 9.50 |
| 01-Mar-2002 to 28-Feb-2003 | 9.00 |
| 01-Mar-2003 to 30-Nov-2011 | 8.00 |
| 01-Dec-2011 to 31-Mar-2012 | 8.40 |
| 01-Apr-2012 to 31-Mar-2013 | 8.60 |
| 01-Apr-2013 to 31-Mar-2016 | 8.50 |
| 01-Apr-2016 to 30-Sep-2016 | 8.10 |
| 01-Oct-2016 to 31-Mar-2017 | 8.00 |
| 01-Apr-2017 to 30-Jun-2017 | 7.90 |
| 01-Jul-2017 to 31-Dec-2017 | 7.80 |
| 01-Jan-2018 to 30-Sep-2018 | 7.60 |
| 01-Oct-2018 to 30-Jun-2019 | 8.00 |
| 01-Jul-2019 to 31-Mar-2020 | 7.90 |
| 01-Apr-2020 to 31-Dec-2022 | 6.80 |
| 01-Jan-2023 to 31-Mar-2023 | 7.00 |
| 01-Apr-2023 to 30-Sep-2025 | 7.70 |