NSC & KVP Doubling Calculator
Compare and compute sovereign returns for India Post's two most trusted debt schemes: 5-Year National Savings Certificate (7.70%) and 115-Month Kisan Vikas Patra (7.50%).
NSC Deposit Settings
OFFICIAL 7.70% P.A.The interest earned in Years 1, 2, 3, and 4 is automatically reinvested by the post office, meaning the interest itself qualifies for fresh Section 80C tax deduction in each respective year (subject to the ₹1.5L ceiling)!
KVP Deposit Settings
DOUBLES IN 115 MONTHS5-Year NSC Annual Growth & Sec 80C Schedule
Yearly accrued interest breakdown showing what portion qualifies for Section 80C reinvestment deductions.
| Year | Opening Balance (₹) | Annual Interest @ 7.7% (₹) | Sec 80C Tax Status | Closing Balance (₹) |
|---|
📜 National Savings Certificate (NSC) Overview
- Tenure: 5 Years fixed. No premature withdrawal except in case of death of certificate holder.
- Tax Advantage: Principal qualifies for Section 80C deduction up to ₹1.5 Lakh. Reinvested interest in Years 1–4 also qualifies for 80C.
- Loan Collateral: NSC certificates are widely accepted as collateral security by all Indian banks for business and personal loans.
🌱 Kisan Vikas Patra (KVP) Overview
- Doubling Period: Doubles deposited money in exactly 115 months (9 years, 7 months).
- No Section 80C Deduction: Unlike NSC, KVP investments do NOT qualify for Section 80C deductions.
- Liquidity: Higher liquidity than NSC because premature encashment is permitted anytime after 2.5 years (30 months).
💡 Post Office & Sovereign Savings: Compare NSC reinvestment yields with the 8.20% quarterly income from the Senior Citizen Savings Scheme (SCSS), explore the women-focused Mahila Samman Savings Certificate (MSSC), or plan 15-year tax-free wealth via the PPF Calculator.
Frequently Asked Questions
Is TDS deducted on NSC or KVP maturity?
No. Post offices do not deduct any TDS under Section 194A on the maturity proceeds of NSC or KVP. However, the interest income must be declared by the individual in their annual ITR under "Income from Other Sources".
Can an NRI invest in NSC or KVP?
No. Non-Resident Indians (NRIs) are not eligible to open new NSC or KVP accounts. Only resident Indian citizens and guardians on behalf of minors can invest.
Are physical certificates still issued for NSC and KVP?
Post offices have transitioned to electronic mode (e-mode) or Passbook mode. Passbooks or electronic statements are issued instead of pre-printed physical certificates, eliminating the risk of lost physical documents.
Related Sovereign Small Savings, Wealth & Loan Utilities
Senior Citizen Savings (SCSS)
Official 8.20% rate, ₹30L deposit ceiling & 20-quarter payout ledger with TDS checks.
Mahila Samman Savings (MSSC)
7.50% quarterly compounding for women & girls with 40% partial withdrawal simulator.
Atal Pension Yojana (APY)
PFRDA official age 18-40 contribution matrix for ₹1k-₹5k pension & ₹8.5L nominee corpus.
PPF Calculator
15-year Public Provident Fund compounding schedule at official 7.10% sovereign rate.