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RATES OF NSC INTEREST

Calculation of Interest on NSC
NSC Interest Reference

Calculation of Interest on NSC

Rates of Interest on National Savings Certificate

Rates of Interest on NSC (VIII Issue)

Year-wise interest rates based on the applicable investment period.

Year 01-03-2001
to
28-02-2002		 01-03-2002
to
28-02-2003		 01-03-2003
to
30-11-2011		 01-12-2011
to
31-03-2012		 01-04-2012
to
31-03-2013		 01-04-2013
to
31-03-2014		 01-04-2014
to
31-03-2015		 01-04-2015
to
31-03-2016		 01-04-2016
to
30-09-2016		 01-10-2016
to
31-03-2017		 01-04-2017
to
30-06-2017		 01-07-2017
to
31-12-2017		 01-01-2018
to
30-09-2018		 01-10-2018
to
30-06-2019		 01-07-2019
to
31-03-2020		 01-04-2020
to Onwards
1st Year 9.72 9.20 8.16 8.58 8.78 8.68 8.68 8.68 8.10 8.00 7.90 7.80 7.60 8.00 7.90 6.80
2nd Year 10.67 10.05 8.83 9.31 9.56 9.43 9.43 9.43 8.76 8.64 8.52 8.41 8.18 8.64 8.52 7.26
3rd Year 11.71 10.97 9.55 10.11 10.40 10.25 10.25 10.25 9.46 9.33 9.20 9.06 8.80 9.33 9.20 7.76
4th Year 12.85 11.98 10.33 10.98 11.31 11.14 11.14 11.14 10.23 10.08 9.93 9.77 9.47 10.08 9.92 8.28
5th Year 14.10 13.09 11.17 11.92 12.30 12.11 12.11 12.11 11.06 10.88 10.70 10.55 10.19 10.88 10.71 8.85
6th Year 15.47 14.29 12.08 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A

Rates of Interest on NSC (IX Issue)

NSC IX Issue interest rates applicable during the specified periods.

Year 01-12-2011
to
31-03-2012 		01-04-2012
to
31-03-2013 		01-04-2013
to
31-03-2014 		01-04-2014
to
31-03-2015 		01-04-2015 to 19-12-2015
Discontinued w.e.f. 20/12/2015
1st Year 8.89 9.10 8.99 8.99 8.99
2nd Year 9.68 9.93 9.80 9.80 9.80
3rd Year 10.54 10.83 10.68 10.68 10.68
4th Year 11.48 11.81 11.64 11.64 11.64
5th Year 12.50 12.89 12.69 12.69 12.69
6th Year 13.61 14.06 13.83 13.83 13.83
7th Year 14.82 15.34 15.08 15.08 15.08
8th Year 16.13 16.74 16.43 16.43 16.43
9th Year 17.57 18.26 17.91 17.91 17.91
10th Year 19.13 19.92 19.52 19.52 19.52
NSC IX Issue was discontinued with effect from 20 December 2015.
Calculation of Interest on NSC — Interest Rate Reference