Interest Accrued on National VIIIth

Amount of interest accruing on the certificate of Rs. 100 denomination

When NSC was purchased
First Year
Second Year
Third Year
Fourth Year
Fifth Year
Sixth Year
15-02-2000 to 28-02-2001
12.58
11.3
17.35
19.31
14
15.58
01-03-1999 to 28-02-2002
12.58
11.71
10.67
9.72
14.1
15.47
01-03-2003 to 30-11-2011
8.83
9.55
11.17
8.16
10.33
NA
01-12-2003 to 30-03-2011
11.17
8.83
12.08
9.55
8.16
10.33
01-03-2002 to 28-02-2003
13.09
10.97
14.29
11.98
9.2
10.05
01-04-2020 to 31-03-2021
6.8
7.26
NA
8.85
8.28
7.76
01-01-1999 to 14-01-2000
18.51
11.83
14.8
13.23
16.54
20.69
01-04-2016 to 30-09-2016
NA
8.1
8.76
11.06
10.23
9.46
01-12-2011 to 31-03-2012
11.92
NA
9.31
8.58
10.11
10.98
01-04-2013 to 31-03-2012
9.43
NA
10.25
8.68
12.11
11.14
Purchased before 01-01-1999
17.5
22.4
12.4
13.9
19.7
15.6
01-04-2017 to 31-06-2017
8.52
9.92
NA
9.2
10.71
7.9
01-07-2017 to 31-06-2017
8.41
9.77
9.06
7.8
NA
10.53
01-10-2016 to 31-03-2017
8
10.08
NA
8.64
9.33
10.88
01-10-2018 to 30-09-2019
NA
10.88
9.33
10.08
8.64
8
01-07-2018 to 31-03-2020
10.71
9.92
7.9
9.2
NA
8.52
01-01-2018 to 30-09-2018
8.8
8.18
10.19
NA
7.6
9.47
* Maturity period 5 years
Note: 1. Deduction u/s 80L is available on the accrued interest up to A.Y. 2005-06. From A.Y. 2006-07 section 80L has been deleted.
2. Accrued interest qualifies for rebate u/s 88 except for the maturing year up to A.Y. 2005-06. From A.Y. 2006-07, the accrued interest is deductible u/s 80C except for the maturing year.
[As amended by Finance Act, 2022]