Ready Reckoner : NSC

Five / Six Year National Savings Certificate ( VIII Issue ) 1. Maturity period reduced from six to 5 years w.e.f 01.12.2011
2. Maturity value of NSC ( VIII Issue ) issued in between ( For denomination of Rs.1000/- )
6 Years NSC					5 year NSC
01.01.1999 to 14.01.2000	15.01.2000 to 28.02.2001	01.03.2001 to	01.03.2002 to	01.03.2003 to	From 01.12.2011 onwards
		28.02.2002	28.02.2003	30.11.2011
1956	1901.2	1745.2	1695.9	1601	1509
3.Premature encashment of NSCs under Rule 16(1) of NSC( VIII) Issue Rules, 1989
a. Within one year from the date of issue - Face value
b. After one year but before 3 years - Face Value + Simple Interest at the rate applicable from time to time for completed months
C. Beyond 3 years ( For denomination of Rs.100/)
Issued in between 01.03.2003 to 30.11.2011			Issued on or after 01.12.2011
Period		Value	Period		Value
≥ 3years but < 3 years 6 months		121.15	≥ 3years but < 3 years 6months		123.14
≥ 3 years 6 months but < 4 years		125.09	≥ 3 years 6 months but < 4 years		127.49
≥ 4 years but < 4 years 6 months		129.16	≥ 4 years but < 4 years 6 months		131.99
≥ 4 years 6 months but < 5 years		133.36	≥ 4 years 6 months but < 5 years		136.65
≥ 5 years but < 5 years 6 months		137.69
≥ 5 years 6 months but < 6 years		142.16
Interest accrued on NSCs to the investor at the end of each year( For denomination of Rs.100/)
The year for which interest accrues		Issued in between 01.03.2003 to 30.11.2011		Issued on or after 01.12.2011
First Year		8.16		8.58
Second Year		8.83		9.31
Third Year		9.55		10.11
Fourth Year		10.33		10.98
Fifth Year		11.17		11.92
Sixth Year		12.08

Compiled by : Bruhaspati Samal, Secretary, AIPEU, Gr.-C, Bhubaneswar Division and Postmaster, Sahidnagar MDG, Bhubaneswar – 751 007