How much will ₹5 lakh invested in NSC grow to after 5 years?

An investment of ₹5 lakh in National Savings Certificate (NSC) scheme will grow to about ₹7,24,517 in five years at current rate of 7.7% per annum, compounded annually. This means an investor would earn roughly ₹2.24 lakh in interest before tax. NSC has a five-year maturity and no maximum investment limit, though interest earned is taxable under applicable income-tax rules.