SCSS (Senior Citizens Savings Scheme) Calculator

Quarterly interest for 60+; 5-year extendable.

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Senior Citizens Savings Scheme (SCSS) Calculator

For 60+ (or 55+ VRS / 50+ defence). Interest paid quarterly. 5-year tenure, extendable by 3 years.

Lump sum deposit (₹) — min ₹1,000, max ₹30 lakh

Interest rate (% p.a.)

Tenure (years) — 5 or 8 (with extension)

Interest is taxable. TDS may apply if interest exceeds ₹50,000 in a financial year.

Quarterly interest payout

₹20,500

Total interest over 5 years: ₹4,10,000

Maturity amount: ₹14,10,000

What is it?

This calculator helps you with financial estimates and planning. Results are for education and illustration only, not professional advice.

How it works

Enter your numbers in the fields above. The tool will compute results based on standard formulas. Use the results as a starting point and consult a professional for important decisions.

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