⚡ Free Online Tool

Senior Citizen Savings Calculator

Calculate your quarterly payout from the Senior Citizen Savings Scheme.

SCSSSenior Citizen Savings SchemeGovernment Scheme
✓ 100% Free✓ No Sign-up Required
Home › Senior Citizen Savings Scheme (SCSS) Calculator
Min ₹1,000, Max ₹30,00,000 (must be 60+, or 55+ if retired)
Current official rate: 8.2% (Jul–Sep 2026), fixed for the 5-year tenure once you open the account

Your Quarterly Payouts

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Every Quarter
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Per Year
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Total Interest (5 yrs)
SCSS pays interest out every quarter rather than compounding it — your ₹- principal comes back in full at maturity. The interest is fully taxable, and TDS applies if total interest exceeds ₹50,000/year.
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Custom Options

Adjust settings to match exactly what you need

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100% Private

Files are never uploaded to a server — processed in your browser

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Free Forever

No limits, no payment, ever

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How To Use

1

Enter your details

Fill in the required numbers in the calculator.

2

See instant results

The result updates automatically as you type.

3

Check the breakdown

Review the detailed breakdown shown below the result.

4

Use it as many times as you like

This calculator is free and has no usage limit.

About This Tool

SCSS Calculator shows the quarterly income payout from a Senior Citizen Savings Scheme deposit based on the current official interest rate.

Frequently Asked Questions

Is this calculator free to use?

Yes, completely free with no sign-up required and no limit on how many times you can use it.

Is my data stored anywhere?

No. All calculations happen instantly in your browser — nothing is sent to any server.

Is SCSS interest taxable?

Yes, SCSS interest is fully taxable, and TDS is deducted if total interest exceeds ₹50,000 in a financial year.

What is the maximum SCSS deposit limit?

The maximum deposit limit is ₹30 lakh per individual (as revised in Budget 2023).

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