What do you get under NSC?
A safe five-year deposit at the post office with a fixed rate for the full term (7.7% a year, compounded yearly, for October to December 2026). Deposits qualify for tax deduction under section 80C in the old tax regime.
The rate for new certificates is reviewed every quarter; the rate on the day you invest stays fixed for five years.
Who is eligible for NSC?
- Any resident Indian adult, a guardian for a minor, or a minor aged 10 or more.
- Minimum ₹1,000; no upper limit.
Documents needed for NSC
0 of 3 ready
Offices may ask for more. Check the official list before you go.
How to apply for NSC
- Buy it at any post office with the account opening form and KYC, or through India Post internet banking if you have a post office savings account.
Common questions
Who is eligible for NSC?
Any resident Indian adult, a guardian for a minor, or a minor aged 10 or more. Minimum ₹1,000; no upper limit.
How much do I get under NSC?
A safe five-year deposit at the post office with a fixed rate for the full term (7.7% a year, compounded yearly, for October to December 2026). Deposits qualify for tax deduction under section 80C in the old tax regime. The rate for new certificates is reviewed every quarter; the rate on the day you invest stays fixed for five years.
What documents do I need for NSC?
Aadhaar card (linked to your mobile number); PAN card; Passport-size photo.
How do I apply for NSC?
Buy it at any post office with the account opening form and KYC, or through India Post internet banking if you have a post office savings account. Official site: https://www.indiapost.gov.in/
Do I have to pay anyone to apply for NSC?
No. Applying for a government scheme is free on the official portal, and at Common Service Centres you pay only the notified service fee, if any. Never pay an agent who promises approval.
What is the NSC interest rate now?
7.7% a year for October to December 2026, unchanged from the previous quarter. The rate is reviewed every quarter; your certificate keeps the rate of the day you buy it.
Official sources
- National Savings Institute, Ministry of Finance
- India Post
- Department of Economic Affairs, Ministry of Finance (small savings rates)
Last checked 1 November 2026; next review by 31 December 2026. Rules and amounts change, so confirm on the official site before you apply. IndiaDigital is independent and not a government site.