NIFTY 50 24,010.60 ▲ 195.25 (+0.82%)SENSEX 78,540.17 ▲ 499.43 (+0.64%)RELIANCE 2,945.10 ▲ 33.20 (+1.14%)HDFC BANK 1,678.40 ▼ 5.39 (−0.32%)TCS 3,910.75 ▲ 23.71 (+0.61%)HINDALCO 1,149.70 ▲ 45.92 (+4.16%)INFOSYS 1,556.20 ▼ 7.03 (−0.45%)ASIAN PAINTS 2,671.90 ▲ 7.46 (+0.28%)NIFTY 50 24,010.60 ▲ 195.25 (+0.82%)SENSEX 78,540.17 ▲ 499.43 (+0.64%)RELIANCE 2,945.10 ▲ 33.20 (+1.14%)HDFC BANK 1,678.40 ▼ 5.39 (−0.32%)TCS 3,910.75 ▲ 23.71 (+0.61%)HINDALCO 1,149.70 ▲ 45.92 (+4.16%)INFOSYS 1,556.20 ▼ 7.03 (−0.45%)ASIAN PAINTS 2,671.90 ▲ 7.46 (+0.28%)

SCSS calculator.

Estimate your Senior Citizens’ Savings Scheme income.

About the SCSS Calculator

The Senior Citizens’ Savings Scheme (SCSS) is a government-backed scheme for those aged 60+, paying a high fixed interest quarterly over a 5-year term. Enter your investment and the interest rate to see the quarterly payout and total interest.

How SCSS works

SCSS pays interest quarterly, offering retirees steady income with sovereign safety. The maximum investment is ₹30 lakh, the term is 5 years (extendable), and the investment qualifies for Section 80C. Interest is taxable in your hands.

SCSS Calculator — frequently asked questions

How often does SCSS pay interest?

SCSS pays interest quarterly, which makes it popular with retirees who want regular income.

What is the maximum SCSS investment?

The maximum is ₹30 lakh per individual. The scheme runs for 5 years and can be extended.

Is SCSS interest taxable?

Yes, the interest is taxable as per your slab, though the investment itself qualifies for a Section 80C deduction.

Explore safe income options.

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