National Savings Certificate (NSC – VIII Issue) Interest Rate Since Inception
Historical NSC (VIII Issue) interest rate data since 1989, reflecting long-term savings yield trends from the Ministry of Finance and NSI notifications.
Source:National Savings Institute (NSI)Max
12.00%
Average
8.56%
Years
May 1989 – Dec 1998toApr 2023 – Dec 2025
May 1989 – Dec 1998
12 %
Apr 2023 – Dec 2025
7.7 %
Formula: Interest Rate = Annual return offered for the period.
Shows how official rates set by RBI or Government changed over time.
Source: National Savings Institute (NSI)
How to explore this graph:
- Use time filters to compare old vs new rate regimes.
- Observe policy-driven rate cuts or hikes.