Senior Citizen Savings Scheme (SCSS)

Calculate SCSS returns for 60+ (8.2% p.a., ₹30L max, quarterly payouts, 80C benefit)

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Calculate SCSS returns for senior citizens (60+). Highest rate: 8.2% p.a. Maximum deposit: ₹30L (Budget 2023). Quarterly interest payout. Tenure: 5 years (extendable by 3 years). Section 80C benefit up to ₹1.5L. TDS if interest > ₹50K. Submit Form 15H to avoid TDS.

Deposit Amount (₹) *

Minimum: ₹1,000 | Maximum: ₹30,00,000 (Budget 2023)

Tenure (Years)

Interest Rate (% p.a.)

Current rate: 8.2% p.a. (revised quarterly by Government)

Your Tax Slab (%)

Interest is taxable at your applicable slab rate

Extend Account After 5 Years?

One-time extension allowed for 3 additional years

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