👵 SCSS Calculator

Calculate income payouts under the Senior Citizen Savings Scheme (SCSS).

Investment Principal

₹

₹10,000₹30,00,000

Check Eligibility Now ⬅ More Calculators

Investment Principal₹10,00,000

Quarterly Interest Payout₹20,500

Total Interest Earned (5 Yrs)₹4,10,000

Total Value on Maturity₹10,00,000 + Payouts

Principal - 71%

Total Payouts - 29%

Senior Citizen Savings Scheme (SCSS) Rules

SCSS is a tax-saving retirement product for individuals aged 60 and above. It has a lock-in of 5 years, pays out interest quarterly, and investments are eligible for Section 80C tax write-offs.