NSC calculator
National Savings Certificate: five years, everything paid at the end, and an 80C deduction.
Record this deposit once and the app does the rest: reminded before it matures, told the day TDS starts at that bank, and the rules of the product explained with your own numbers. Free, and your deposits stay on your phone.
Get it on Google PlayQuestions people ask
Is NSC interest taxable?
Yes, but the interest for the first four years is treated as reinvested, so it also counts towards 80C in those years. The fifth year's interest is taxable with nothing to offset it.
Is there a maximum?
No upper limit on the deposit. The 80C deduction is capped at ₹1.5 lakh a year.
Can I withdraw early?
Only on the death of the holder, a court order, or forfeiture by a pledgee. Otherwise it runs the full five years.
Is there TDS?
No TDS on NSC. The interest is still taxable.
Can I use it as security?
Yes, it can be pledged for a loan at a bank.