Interest Accrued on National VIIIth

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

When NSC was purchasedFirst YearSecond YearThird YearFourth YearFifth YearSixth 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]