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Senior Citizen Savings Scheme (SCSS) Calculator India

Estimate quarterly SCSS interest and five-year payout using the current rate or your own rate assumption.

Written and reviewed by RupeeKit Editorial TeamLast reviewed 8 August 2026Report a correction

Official update: Jul-Sep 2026 small-savings rates

Illustration of a four-quarter wheel diagram showing Senior Citizen Savings Scheme interest paid out every quarter
Illustration of a four-quarter wheel diagram showing Senior Citizen Savings Scheme interest paid out every quarter

Educational estimate only

Results can vary based on company policy, lender terms, tax law, and personal assumptions.

See the Source and methodology section below for details.

Enter your values

Estimated results

Estimated quarterly interest

₹30,750

Estimated annual interest

₹1,23,000

Total interest over entered tenure

₹6,15,000

Principal returned at maturity

₹15,00,000

This calculator gives an educational estimate. Verify final numbers with your payslip, lender, tax advisor or official source.

Result visual

Relative view of your key outputs. Exact values are listed with each bar.

Inputs used in this result
SCSS deposit
15,00,000 ₹
SCSS interest rate
8.2 % p.a.
Tenure
5 years

Share/print output contains user-entered values and educational estimates only. Verify important decisions with the relevant official source or professional.

💡 Educational Estimates Only

This visual breakdown and compounding model is for educational understanding only. Actual outcomes can vary depending on interest accrual dates, taxation brackets, processing fees, and individual employer/lender terms.

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The link contains only the values you explicitly entered. RupeeKit does not send those values as analytics event parameters.

Senior Citizen Savings Scheme (SCSS) Calculator India Quick Answer

Quick Answer

How does the Senior Citizen Savings Scheme (SCSS) Calculator India work? It estimates Estimated quarterly interest, Estimated annual interest, and Total interest over entered tenure from inputs such as SCSS deposit, SCSS interest rate, and Tenure using the formula shown on this page.

Formula

SCSS interest is estimated as deposit × annual rate, with one-fourth shown as the quarterly payout.

Example

A ₹15 lakh deposit at 8.

Educational estimate only. RupeeKit does not provide personalized financial, tax, legal, investment, or loan advice.

Answer Engine Summary

This calculator estimates Estimated quarterly interest, Estimated annual interest, Total interest over entered tenure, and Principal returned at maturity using SCSS deposit, SCSS interest rate, and Tenure. SCSS interest is estimated as deposit × annual rate, with one-fourth shown as the quarterly payout. Results are educational estimates only and should be verified with official records, lender statements, payroll data, or filing utilities where applicable.

Formula used

SCSS interest is estimated as deposit × annual rate, with one-fourth shown as the quarterly payout. Because SCSS interest is paid out quarterly, the calculator does not compound unpaid interest into maturity value.

Example calculation

A ₹15 lakh deposit at 8.2% produces estimated interest of ₹30,750 per quarter and ₹1,23,000 per year.

Source and methodology

Last reviewed: August 2026

This calculator uses the formula and assumptions described on this page. SCSS interest is estimated as deposit × annual rate, with one-fourth shown as the quarterly payout. Values are calculated in-browser from user-entered inputs and are not saved by default. Verify tax, regulatory, lender, scheme or product rules with the relevant official source where applicable.

Educational estimate only. RupeeKit does not provide personalized financial, investment, legal, tax or loan advice.

Related calculators and guides

You can cross-check this estimate using: salary in-hand calculator, Old vs New Tax Regime Calculator, 80C deduction calculator, EMI calculator, ITR-2 filing guide, emergency fund guide.

When this tool is useful

  • When you want a fast estimate before making a financial or salary decision.
  • When you want to compare different assumptions in seconds.
  • When you want to understand the formula behind the result.

Calculator Facts

TopicRupeeKit explanation
Calculation typeFormula-based educational estimate from user-entered values
Key inputsSCSS deposit, SCSS interest rate, and Tenure
Primary outputsEstimated quarterly interest, Estimated annual interest, and Total interest over entered tenure
Method referenceSCSS interest is estimated as deposit × annual rate, with one-fourth shown as the quarterly payout.
PrivacyValues are processed in the browser and are not saved by default.

FAQs

What is the SCSS rate for July-September 2026?

The National Savings Institute lists 8.2% per annum for the July-September 2026 quarter.

What is the SCSS deposit limit?

The current maximum deposit is ₹30 lakh, subject to scheme eligibility and account rules.