NSC Calculator

Calculate National Savings Certificate returns easily
One-time
Monthly SIP
10,000
5.6
%
5
yrs
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CUSTOM CSS
investment
Interest
Total value
28,70,000
Total investment:
20,00,000
Interest earned:
8,70,000

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What is an NSC Calculator?

An NSC (National Savings Certificate) Calculator is an online tool that helps you estimate the returns on your investment in NSC, a fixed-income investment scheme offered by the Indian Post Office. This calculator is designed to simplify the process of calculating the maturity value of your NSC investment after the completion of its tenure, which is typically 5 years.

How Does an NSC Calculator Work?

The National Savings Certificate Calculator uses a compound interest formula to compute the maturity value of your investment. Here’s a general idea of how the formula works. The NSC calculation formula for finding the maturity value of an NSC is:

M = P(1 + r/100)^n

Where,
M is the maturity value
P is the principal amount
r is the interest rate
n is the number of years

The calculator takes into account the compounding of interest, which is crucial since NSC interest is compounded annually.

How to Use an NSC Calculator

Use our NSC returns calculator to determine the NSC calculation and the interest at the end of the five-year period.
Enter investment amount
Start by inputting the amount you plan to invest in Natioal Savings Certficate.
01
Specify tenure
Although the standard tenure for NSC is 5 years, if your calculator allows for different periods, make sure this is set correctly.
02
Calculate returns
Get the estimated maturity value of your NSC investment along with the total interest earned after the tenure.
03

Advantages of an NSC Calculator

Using a loan EMI calculator comes with the following benefits:
Simplicity
The NSC Calculator makes it easy to understand how much you will earn at maturity without manual calculations.
Time-saving
It provides quick results, saving you time, especially when comparing different investment amounts or considering reinvestment strategies.
Financial planning
It aids in effective financial planning by providing a clear picture of the future value of your investment, helping you align it with your financial goals.
Accessibility
The calculator is available online, so you can access it at any time, making it convenient to plan or adjust your investments from anywhere.

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Vance is the preferred app among 80,000+ NRIs in the UK and UAE for sending money to India. Download Vance today.
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80,000+ NRIs
trust Vance

Vance is the preferred app among 80,000+ NRIs in the UK and UAE for sending money to India. Download vance today.
Get started now

Frequently Asked Questions

What do I need to put into the NSC Calculator?

To use the National Savings Certificate Calculator effectively, you'll need to input:
  • Principal Amount: This is the initial sum you plan to invest in the National Savings Certificate.
  • Interest Rate: The current interest rate for NSC can usually be found on the official postal services or a financial services website.
  • Tenure: Although NSC typically has a fixed tenure of 5 years, ensure this is set correctly in the calculator.

Can the NSC Calculator show me how much money I'll get back?

Yes, the NSC Calculator will show you the total maturity amount, which includes your original investment plus the interest accrued over the investment period. This total figure is what you will receive back at the end of the NSC's tenure.

How accurate are the numbers from the NSC Calculator?

The accuracy of the NSC Calculator depends largely on the correctness of the inputs you provide (investment amount, interest rate, and tenure). It is designed to give a close estimate based on the standard compound interest formula but keep in mind that changes in interest rates or early withdrawal (which isn't typically allowed with NSC) won't be accounted for in standard calculators.

Can I change the investment period in the NSC Calculator?

The NSC's tenure is generally fixed at 5 years, and most NSC calculators are preset to this period.

Does the NSC Calculator consider any extra charges?

NSC investments do not generally involve any extra charges; the amount calculated is what you receive at maturity. Therefore, National Savings Certificate Calculators typically do not subtract any handling or maintenance fees.

Can I compare different investment options with the NSC Calculator?

While an NSC Calculator is specifically designed for National Savings Certificates, you can manually adjust the inputs to simulate different investment scenarios. However, for a direct comparison between different investment products (like NSC vs. Fixed Deposits), you would need a more general investment calculator or specific calculators for each type of investment.

How can I use the NSC Calculator to make better decisions?

Using an NSC Calculator allows you to:
  • Plan better: You can forecast future savings and align them with your financial goals.
  • Assess investment worth: By seeing the potential returns on your investment, you can decide if the NSC fits your risk profile and return expectations.
  • Explore varied scenarios: Adjusting the investment amount or using current vs. historical interest rates can help you understand how changes in rates affect returns, aiding in more strategic decision-making.

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Fixed Deposit Calculator for NRIs

Calculate your returns on NRI fixed desposit using Vance NRI FD calculator

What is a Home Loan EMI Calculator?

Owning a home is not just a milestone but a dream for many. This is why - an EMI calculator for home loans is a crucial tool when you’re planning to buy a home. It’s an online tool that helps you figure out how much you'll need to pay each month towards your home loan. This gives you a clear picture of your monthly payments so you can plan your budget comfortably and see if the loan fits into your financial landscape without stretching it too thin.

How Does a Home Loan EMI Calculator Work?

Vance’s home Loan EMI calculator uses a mathematical formula that is designed to distribute the interest and principal amount over time so that by the end of the loan period, you've paid off everything smoothly. To calculate EMI for home loans, here’s the formula: 

EMI = [P x R x (1+R)^N] / [(1+R)^N - 1]

Where,
P = Principal loan amount
N = Loan tenure in months
R = Monthly interest rate

How to use NRI FD Calculator

Calculate your returns on NRI fixed desposit using Vance NRI FD calculator

1

Enter principal & interest

Input the amount you plan to deposit and the interest rate offered by the bank.

2

Choose the tenure & frequency

Decide the duration for which the amount will be deposited and how frequently interest should be compounded

3

That’s it

Our NRI FD calculator will show you how much interest you earn and the maturity amount

Benefits of NRI FD Calculator

Here are the importance and benefits of using Vance NRI FD Calculator

Financial planning

Helps in planning financial goals and retirement.

Accessibility

Easily accessible online without any need for manual calculations.

Time-saving

Quickly calculates complex compounding calculations.

Informed Decisions

Allows NRIs to compare different FD options and choose the best one.

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Benefits of NRI FD Calculator

Here are the importance and benefits of using Vance NRI FD Calculator
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* Grow your savings with returns as high as 8.25% p.a. Read Terms and Conditions while opening a Fixed Deposit to know more.