National Savings Certificate Interest Rate The National Savings Certificate (NSC) scheme has been serving as a trusted savings option for investors in India since May 8th, 1989. With its fixed income, tax-saving benefits, and low-risk nature, the NSC scheme continues to be a preferred choice f...
applicable on NSC interest earned during the first 4 years of the investment. This is because the interest of NSC is re-invested for these 4 years. In the 5th year i.e. at maturity, the interest earned from NSC is subject to tax as per slab rate under the head “Income from Other ...