Back to Calculators
BANKING LOANS
SCSS Calculator - Senior Citizens Savings Scheme
Calculate the quarterly interest income for senior citizens. Estimate your returns from this safe and high-yielding government scheme.
Use this Tool
Access the free online version of this calculator via our trusted partner.
Frequently Asked Questions
Who is eligible for SCSS?
Individuals aged 60 years or above, or 55 years for those who have retired under VRS.
What is the maximum limit for SCSS?
An individual can invest up to ₹30 lakh in SCSS (increased from ₹15 lakh in 2023).
What is the tenure of SCSS?
The deposit matures in 5 years, with an option to extend it for another 3 years.