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.

  • Verified official series
  • Licensed export
  • Source: National Savings Institute (NSI)
LATEST VALUE (Apr 2023 - Sep 2026)7.7%
MAX VALUE12% in May 1989 – Dec 1998
GROWTH SINCE START-35.8%May 1989 – Dec 1998 to Apr 2023 - Sep 2026
DAYS OF DATA20 DaysMay 1989 – Dec 1998 to Apr 2023 - Sep 2026
TOTAL DATA POINTS20Daily Observations

National Savings Certificate (NSC – VIII Issue) Interest Rate (%)(%)

Updated 31 Jan 2026

May 1989 – Dec 1998
12 %
Apr 2023 - Sep 2026
7.7 %
About
About

Historical NSC (VIII Issue) interest rate data since 1989, reflecting long-term savings yield trends from the Ministry of Finance and NSI notifications.

Formula
Formula
Interest Rate = Annual return offered for the period.

Shows how official rates set by RBI or Government changed over time.

Source
Source
National Savings Institute (NSI)
How to explore
How to explore
  • Use time filters to compare old vs new rate regimes.
  • Observe policy-driven rate cuts or hikes.

Topics

  • NSC
  • National Savings Certificate
  • Interest Rate
  • Small Savings
  • Mof
  • India Finance

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National Savings Certificate (NSC – VIII Issue) Interest Rate (%)

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