SCSS Calculator

Senior Citizens Savings Scheme — simple interest paid quarterly. Max deposit ₹30,00,000; rate 8.2% p.a. (current).

Inputs

Deposit Amount

₹

Interest Rate

% p.a.

Tenure

Principal₹ 10,00,000

Tenure5 years

Annual Interest₹ 82,000

Quarterly Interest Payout₹ 20,500

Total Interest Earned₹ 4,10,000

Maturity Value₹ 14,10,000

TDS ApplicableYes — ₹3,200/yr

Deduction u/s 80TTB₹ 50,000