NSC Interest Rate 2025

National Savings Certificate, NSC in short, is a secured investment scheme offered by the Government of India. Primarily a savings bond, NSC is provided to individuals through different post offices. The scheme mainly aims to provide easy savings options to average and low-income earners.?

Details About NSC Interest Rates 2025

NSC interest rates vary depending on their NSC’s maturity. These schemes introduced by the Government of India are available with two tenor variants for maturity. The rate of interest provided as per the maturity periods are listed below, along with their tenure and issue numbers.

The latest NSC interest rate for the current quarter is 8.2%. The interest rate is revised every quarter by the Indian government.

History of National Savings Certificate Interest Rates

Here is a list of historic NSC Interest Rates-

Interest Applicability on Premature Withdrawal of NSC

The different interests in NSC applications are mentioned in the table below.

Further, the specific scenarios under which investments in NSC can be withdrawn are listed below. During premature withdrawal, the return is calculated as per the National Saving Certificate interest rate though the tenor duration is shorter.

• The demise of the owner.
• If the certificate is forfeited.
• In case a court of law orders the withdrawal of the invested amount.

Every applicant needs to note that while the NSC interest rate remains unchanged, the premature withdrawal of NSC requires specific documents which are mentioned below.

• Original NSC documents.
• Filled in NSC encashment form.
• Identity proof similar to application requirements.
• For minors, attestation of the guardian must also be presented.
• For nominees applying for withdrawal, Annexures 1 and 2 forms must also be submitted.

Usually, the post office releases the corpus via cheque.

Application Procedure for NSC

The application procedure for NSC is quite simple. Interested applicants can simply apply for the certificate at their nearest post office along with the documents mentioned above. They can make the payment either by cash or cheque.