See the maturity value of a 5-year National Savings Certificate with yearly compounding.
5-year National Savings Certificate, interest compounded yearly
Rate is set by the government each quarter — check the current rate before investing.
Investment qualifies under 80C (old regime); yearly accrued interest is taxable but deemed reinvested for 80C till year 4.
Yes, but interest accrued in years 1–4 is deemed reinvested and qualifies for 80C under the old regime.
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