SCSS
Calculate Senior Citizens Savings Scheme quarterly returns
SCSS Calculator
Indicative rate: 8.2% p.a.
₹
Yr
Rates are indicative. Verify on indiapost.gov.in before investing.
Quarterly interest₹0Paid out during tenure; principal returned at maturity
Investment₹0
Total interest₹0
Investment + total interest₹0
Investment
Total interest
Year-wise breakdown
| Year | Principal (A) | Interest (B) | Total (A + B) | Balance |
|---|
How to use this calculator
What is SCSS?
Senior Citizens Savings Scheme is for individuals 60+ (55+ if retired). 5-year tenure, extendable once by 3 years.
Interest payout
Interest is paid quarterly to your account; principal is returned at maturity.
Formula
Quarterly interest = P × r / 4Examples
- ₹15,00,000 in SCSS at 8.2% → ≈ ₹30,750 quarterly interest
- Maximum investment ₹30 lakh (combined with spouse)
Frequently asked questions
Are these the official India Post rates?
Rates are indicative for FY 2025-26. India Post revises small savings rates quarterly — verify on indiapost.gov.in before investing. This calculator is for planning only.
Who qualifies for SCSS?
Indian residents aged 60+. Age 55+ allowed under specific retirement/VRS rules.