What is the current interest rate for SCSS in 2026?

The current Senior Citizens Savings Scheme (SCSS) interest rate is 8.2% per annum, paid out as guaranteed quarterly interest.

What is the maximum investment limit in SCSS?

The maximum deposit limit in SCSS is ₹30 Lakhs per individual aged 60 and above.

SCSS Calculator 2026 (Senior Citizens Savings Scheme)

Calculate 8.2% quarterly interest payout and Section 80C tax benefits for senior citizens above age 60.

SCSS Deposit Inputs

Deposit Amount (₹)

Quarterly Payout (4x / Year)₹30,750 / quarter

Annual Payout: ₹1,23,000 (at 8.2% p.a.)

5-Yr Total Interest₹6,15,000

Sec 80C Tax Deduction₹1,50,000

About Senior Citizens Savings Scheme (SCSS)

Senior Citizens Savings Scheme (SCSS) offers an attractive 8.2% annual interest rate with quarterly payouts for individuals aged 60 and above. Maximum deposit limit is ₹30 Lakhs with a 5-year tenure (extendable by 3 years), and deposits up to ₹1.5 Lakhs qualify for Section 80C tax deduction.