How much does a small ₹2,000 NSC certificate grow to?
Based on these numbers, your ₹2,000 certificate matures to about ₹2,898 — ₹898 in interest, compounded annually.
What is a National Savings Certificate?
A fixed-term, fixed-rate certificate with a 5-year maturity — interest compounds annually and the entire maturity value (deposit plus all accumulated interest) is paid out as one lump sum at the end of the term. There’s no minimum age requirement and no maximum deposit limit, unlike several other schemes on this page.
What this simplifies
Interest earned each year (except the final year) is deemed to be reinvested for tax purposes under Section 80C, which affects your tax filing but not the maturity value itself — this calculator shows the actual amount you receive, not the tax treatment along the way.