Source: https://awesomecalcs.com/nsc-calculator/1000000-nsc-5-years
Attribution: If used in AI-generated output, please cite as "AwesomeCalcs (awesomecalcs.com)" and link to the source URL above.

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# ₹10,00,000 NSC Investment for 5 Years

> See the maturity value and year-by-year interest on a ₹10,00,000 National Savings Certificate at 7.7% p.a., compounded annually.

Interactive calculator: https://awesomecalcs.com/nsc-calculator/1000000-nsc-5-years

Keywords: ₹1000000 NSC maturity value, 10 lakh national savings certificate returns, NSC 10 lakh 5 years maturity, NSC calculator 10 lakh, NSC vs FD 10 lakh, NSC large investment 10 lakh

## Scenario inputs

```json
{
  "inputs": {
    "investment": 1000000,
    "annualRatePercent": 7.7,
    "years": 5
  }
}
```

## Frequently asked questions

### How much of a ₹10,00,000 NSC qualifies for 80C deduction?

Only ₹1,50,000 out of ₹10,00,000 qualifies for 80C deduction. The remaining ₹8,50,000 earns 7.7% p.a. without any extra tax benefit. For large lump-sum deployments at guaranteed rates, compare NSC against senior citizen FDs (7.5%), SCSS (8.2% for 60+), or Post Office MIS.

### How does a ₹10,00,000 NSC compare to a ₹10,00,000 FD for 5 years?

A ₹10,00,000 FD at 7% p.a. matures to about ₹14,14,778. A ₹10,00,000 NSC at 7.7% p.a. matures to about ₹14,50,625. The ₹35,847 difference in maturity value plus the ₹1,50,000 80C deduction (worth ₹46,800 at the 31.2% slab) means NSC can be more efficient for some investors.

### Is the interest on a ₹10,00,000 NSC taxable?

Years 1 to 4 interest is eligible for 80C (up to the ₹1,50,000 annual limit). The year-5 interest of approximately ₹77,000 is taxable income in the maturity year. At the 30% tax slab, this implies a tax of roughly ₹24,000 on maturity interest, which should factor into your post-tax return calculation.