(Updated – October 2025)
National Savings Certificate (NSC) is one of the most popular savings options that is used by many in India (2025). It’s a fixed-income savings scheme which provides tax benefits as well. If you are looking for the updated NSC interest rate history, then this article lists all the changes in NSC Interest Rates from 1989 to 2025.
As of today, the rate of interest on NSC is 7.70% per annum, and the NSC Tenure is 5 years.
National Savings Certificate or NSC is a low-risk, fixed-income investment scheme where you get tax benefits as well. You can open the NSC scheme at any post office branch. The Government of India reviews (and if need be, revises) the NSC interest rates on a quarterly basis along with all the other small savings scheme interest rates. The Interest rate on NSC is compounded on a yearly basis. Interest will be payable only at the time of maturity. An individual can open any number of NSC accounts. Investments made in the NSC are eligible for the tax benefits under Section 80C (up to Rs 1.5 lakh). While the accumulated interest is tax-free, you still have to pay taxes on last year’s interest earned, as this can’t be reinvested.
Let’s now have a look at the interest rate history of NSC.
NSC VIII Issue Interest Rate Historical Data (1989-2025)
The history of the NSC interest rates in the last 35+ years has been as follows:
- NSC VIII Interest Rate from 01-Oct-2025 to 31-Dec-2025 is 7.70% per annum with NSC Maturity period of 5 years.
- NSC VIII Interest Rate from 01-Jul-2025 to 30-Sep-2025 is 7.70% per annum with NSC Maturity period of 5 years.
- NSC VIII Interest Rate from 01-Apr-2025 to 30-Jun-2025 is 7.70% per annum with NSC Maturity period of 5 years.
- NSC VIII Interest Rate from 01-Jan-2025 to 31-Mar-2025 is 7.70% per annum with NSC Maturity period of 5 years.
- NSC VIII Interest Rate from 01-Oct-2024 to 31-Dec-2024 is 7.70% per annum with NSC Maturity period of 5 years.
- NSC VIII Interest Rate from 01-Jul-2024 to 30-Sep-2024 is 7.70% per annum with NSC Maturity period of 5 years.
- NSC VIII Interest Rate from 01-Apr-2024 to 30-Jun-2024 is 7.70% per annum with NSC Maturity period of 5 years.
- NSC VIII Interest Rate from 01-Jan-2024 to 31-Mar-2024 is 7.70% per annum with NSC Maturity period of 5 years.
- NSC VIII Interest Rate from 01-Oct-2023 to 31-Dec-2023 is 7.70% per annum with NSC Maturity period of 5 years.
- NSC VIII Interest Rate from 01-Jul-2023 to 30-Sep-2023 is 7.70% per annum with NSC Maturity period of 5 years.
- NSC VIII Interest Rate from 01-Apr-2023 to 30-Jun-2023 is 7.70% per annum with NSC Maturity period of 5 years.
- NSC VIII Interest Rate from 01-Jan-2023 to 31-Mar-2023 is 7.00% per annum with NSC Maturity period of 5 years.
- NSC VIII Interest Rate from 01-Oct-2022 to 31-Dec-2022 is 6.80% per annum with NSC Maturity period of 5 years.
- NSC VIII Interest Rate from 01-Jul-2022 to 30-Sep-2022 is 6.80% per annum with NSC Maturity period of 5 years.
- NSC VIII Interest Rate from 01-Apr-2022 to 30-Jun-2022 is 6.80% per annum with NSC Maturity period of 5 years.
- NSC VIII Interest Rate from 01-Jan-2022 to 31-Mar-2022 is 6.80% per annum with NSC Maturity period of 5 years.
- NSC VIII Interest Rate from 01-Oct-2021 to 31-Dec-2021 is 6.80% per annum with NSC Maturity period of 5 years.
- NSC VIII Interest Rate from 01-Jul-2021 to 30-Sep-2021 is 6.80% per annum with NSC Maturity period of 5 years.
- NSC VIII Interest Rate from 01-Apr-2021 to 30-Jun-2021 is 6.80% per annum with NSC Maturity period of 5 years.
- NSC VIII Interest Rate from 01-Jan-2021 to 31-Mar-2021 is 6.80% per annum with NSC Maturity period of 5 years.
- NSC VIII Interest Rate from 01-Oct-2020 to 31-Dec-2020 is 6.80% per annum with NSC Maturity period of 5 years.
- NSC VIII Interest Rate from 01-Jul-2020 to 30-Sep-2020 is 6.80% per annum with NSC Maturity period of 5 years.
- NSC VIII Interest Rate from 01-Apr-2020 to 30-Sep-2020 is 6.80% per annum with NSC Maturity period of 5 years.
- NSC VIII Interest Rate from 01-Oct-2019 to 31-Mar-2020 is 7.90% per annum with NSC Maturity period of 5 years.
- NSC VIII Interest Rate from 01-Jul-2019 to 30-Sep-2019 is 7.90% per annum with NSC Maturity period of 5 years.
- NSC VIII Interest Rate from 01-Jan-2019 to 30-Jun-2019 is 8.00% per annum with NSC Maturity period of 5 years.
- NSC VIII Interest Rate from 01-Oct-2018 to 31-Dec-2018 is 8.00% per annum with NSC Maturity period of 5 years.
- NSC VIII Interest Rate from 01-Jan-2018 to 30-Sep-2018 is 7.60% per annum with NSC Maturity period of 5 years.
- NSC VIII Interest Rate from 01-Jul-2017 to 31-Dec-2017 is 7.80% per annum with NSC Maturity period of 5 years.
- NSC VIII Interest Rate from 01-Apr-2017 to 30-Jun-2017 is 7.90% per annum with NSC Maturity period of 5 years.
- NSC VIII Interest Rate from 01-Oct-2016 to 31-Mar-2017 is 8.00% per annum with NSC Maturity period of 5 years.
- NSC VIII Interest Rate from 01-Apr-2016 to 30-Sep-2016 is 8.10% per annum with NSC Maturity period of 5 years.
- NSC VIII Interest Rate from 01-Apr-2013 to 31-Mar-2016 is 8.50% per annum with NSC Maturity period of 5 years.
- NSC VIII Interest Rate from 01-Apr-2012 to 31-Mar-2013 is 8.60% per annum with NSC Maturity period of 5 years.
- NSC VIII Interest Rate from 01-Dec-2011 to 31-Mar-2012 is 8.40% per annum with NSC Maturity period of 6 years.
- NSC VIII Interest Rate from 01-Mar-2003 to 30-Nov-2011 is 8.00% per annum with NSC Maturity period of 6 years.
- NSC VIII Interest Rate from 01-Mar-2002 to 28-Feb-2003 is 90% per annum with NSC Maturity period of 6 years.
- NSC VIII Interest Rate from 01-Mar-2001 to 28-Feb-2002 is 9.50% per annum with NSC Maturity period of 6 years.
- NSC VIII Interest Rate from 15-Jan-2000 to 28-Feb-2001 is 9.50% per annum with NSC Maturity period of 6 years.
- NSC VIII Interest Rate from 01-Jan-1999 to 14-Jan-2000 is 11.50% per annum with NSC Maturity period of 6 years.
- NSC VIII Interest Rate from 08-May-1989 to 31-Dec-1998 is 12.00% per annum with NSC Maturity period of 6 years.
NSC IX Issue Interest Rate Historical Data (2011-2016)
- NSC IX Interest Rate from 01-Apr-2015 to 31-Mar-2016 is 8.80% per annum with NSC IX Issue Maturity period of 10 years.
- NSC IX Interest Rate from 21-Jan-2015 to 31-Mar-2015 is 8.80% per annum with NSC IX Issue Maturity period of 10 years.
- NSC IX Interest Rate from 18-Nov-2014 to 20-Jan-2015 is 8.80% per annum with NSC IX Issue Maturity period of 10 years.
- NSC IX Interest Rate from 01-Apr-2014 to 17-Nov-2014 is 8.80% per annum with NSC IX Issue Maturity period of 10 years.
- NSC IX Interest Rate from 01-Apr-2013 to 31-Mar-2014 is 8.80% per annum with NSC IX Issue Maturity period of 10 years.
- NSC IX Interest Rate from 01-Apr-2012 to 31-Mar-2013 is 8.80% per annum with NSC IX Issue Maturity period of 10 years.
- NSC IX Interest Rate from 01-Dec-2011 to 31-Mar-2012 is 8.80% per annum with NSC IX Issue Maturity period of 10 years.
Related Reading – NSC Laddering
So that was about the updated history of the National Savings Certificate or NSC interest rate history (2025) in India. I hope you now have an idea about how the NST rates have changed in the last several years in India.