SCSS Calculator
Calculate quarterly and total interest from the Senior Citizen Savings Scheme.
Details
Result
Quarterly Interest
₹30,750
Total Interest
₹6,15,000
Maturity
₹15,00,000
Senior Citizen Savings Scheme
SCSS is for residents aged 60+ (55+ for voluntary retirees). Current rate: 8.2% p.a. Maximum deposit: ₹30 lakh. Interest is paid quarterly. Tenure: 5 years (extendable by 3). Eligible for 80C up to ₹1.5L.
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