Calculate NSC maturity value at 7.7% interest for 5-year tenure. Tax-saving government scheme.
National Savings Certificate (NSC) is a government savings scheme available at Post Offices with 7.7% p.a. interest (current), compounded annually but paid at maturity. Investment qualifies for Section 80C deduction (up to โน1.5L). NSC has 5-year lock-in. Interest is taxable but also qualifies for 80C in subsequent years (deemed reinvestment).
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