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SCSS Calculator

Calculate the quarterly and annual income from a Senior Citizens Savings Scheme (SCSS) deposit, a government-backed scheme offering regular payouts for senior citizens, based on your deposit amount and the scheme's interest rate.

How to Use SCSS Calculator
  1. 1Enter the SCSS deposit amount
  2. 2Enter the current SCSS interest rate
  3. 3Click Calculate to see your quarterly and annual income
Frequently Asked Questions

SCSS is designed for senior citizens, with a lower qualifying age available for certain retirees (such as those who took voluntary or special retirement) — check current eligibility rules before investing.

Quarterly — this calculator computes the quarterly payout and its annual equivalent from your deposit and the applicable interest rate, unlike schemes that compound and pay only at maturity.

Yes, SCSS caps the total amount an individual can invest — check the current limit from India Post or your bank before planning your investment.

Yes, SCSS interest is taxable as income at your slab rate, and TDS applies once your annual interest crosses the notified threshold, though the deposit itself may qualify for a Section 80C deduction.

Your quarterly income payout and the equivalent annual income from your SCSS deposit at the entered rate.

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