National Savings Certificate (NSC) interest rate for July-September 2025

National Savings Certificate (NSC) interest rate July-September 2025: The Finance Ministry announced the NSC interest rate for the July-September quarter of FY 2025-26 today (June 30, 2025). NSC accounts can be opened in a post office.

The NSC scheme is currently offering 7.7% interest compounded annually but payable at maturity to investors. The Ministry has kept the same interest rate for the upcoming quarter.

Who can invest in NSC?

The NSC account can be opened by a single adult. It can also be opened as a joint account with up to 3 adults. Further, a guardian on behalf of a minor or on behalf of a person of unsound mind can also invest in NSC. Interestingly, NSC is one of the few schemes that allows minors above 10 years to have an account in their name.

The NSC scheme currently offers 7.7% interest per annum. And there is no limit on the maximum deposit an individual can

What was expected?

The NSC interest rate has remained unchanged at 7.7% since April 1, 2025. However, a cut in the NSC interest rate, along with other small savings schemes, was expected on Monday. This was due to the falling yield of Central Government securities (G-secs) in the secondary market.

In 2025, G-sec yields have declined in the wake of a 100 bps reduction in the repo rate by the Reserve Bank of India (RBI). This provides a reason for the Government to reduce the NSC interest rate.

However, the Government may also decide to keep the NSC interest rate unchanged, as the scheme helps millions of depositors, including senior citizens, by providing a guaranteed income on a deposit of a lump sum.

make in this scheme. The minimum deposit limit is ₹1000, and thereafter in multiples of ₹ 100.

NSC deposits mature after 5 years. At the current interest rate, a deposit of ₹1000 can give you ₹1,449.00 on maturity. Moreover, deposits in this scheme also qualify for deduction under Section 80C in the Old Tax Regime.