Calculator
SCSS calculator
Senior Citizens Savings Scheme quarterly payout over 5 years.
≈ ₹15.00 L
- Quarterly payout
- ₹30,750
- Total interest
- ₹6,15,000
- Principal back at maturity
- ₹15,00,000
- Invested ₹15,00,000(71%)
- Gains ₹6,15,000(29%)
Read this before you act on the number
- Senior Citizen Savings and Pension Schemes: The Complete Hub
Rates as in force at 1 October 2026. Government small-savings rates are those notified for the third quarter of FY 2026-27 (1 October to 31 December 2026), unchanged from the previous quarter....
- Senior Citizen Banking Benefits: Rates, Waivers & Schemes
Here is a question worth thousands of rupees a year. A Pune couple walks into their bank, each carrying ₹10 lakh to fix in a deposit. He is 58. She is 63. Same bank, same day, same paperwork. Her...
Maths: Interest paid out quarterly at the notified 8.2%; principal returns at maturity. ₹30 lakh per-person cap, age 60+. Verify rates against the lender's or fund's current card before acting.
Questions about this calculator
- How does the SCSS calculator work?
- Interest paid out quarterly at the notified 8.2%; principal returns at maturity. ₹30 lakh per-person cap, age 60+. The result is an estimate in Indian rupees, not a quote from any lender, bank or fund.
- Are the default rates current?
- No. Defaults are illustrative starting points. Verify the current rate against the lender's or fund's latest rate card before making a decision.
- Is the SCSS calculator free to use?
- Yes. It runs in your browser, with no login and no inputs sent to a server.