SCSS Calculator (Quarterly Payout)

Estimate the quarterly payout from the SCSS scheme.

Last updated: 13 Aug 2026

Quick answer

The Senior Citizen Savings Scheme pays interest quarterly: quarterly payout = principal × rate ÷ 400. For example, ₹15,00,000 at 8.2% pays about ₹30,750 per quarter. Enter your deposit and rate above.

Deposit amount

₹

Interest rate

% p.a.

The Senior Citizen Savings Scheme (SCSS) pays interest every quarter: quarterly payout = principal × annual rate ÷ 400.

How to calculate SCSS payout

1 Enter your SCSS deposit amount.
2 Enter the current SCSS interest rate.
3 We show your quarterly payout.

Frequently asked questions

How is SCSS interest paid?

Quarterly — payout = principal × annual rate ÷ 400.

Who is eligible for SCSS?

Individuals aged 60+ (and certain early retirees), subject to the scheme rules and deposit limit.

Is SCSS eligible for 80C?

Yes, deposits qualify for a Section 80C deduction, though the interest is taxable.

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