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Deposits

SCSS Calculator

Project Senior Citizen Savings Scheme maturity with quarterly compounding on a lump-sum deposit.

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Why use SCSS Calculator?

Project Senior Citizen Savings Scheme maturity with quarterly compounding on a lump-sum deposit.

  • What this is forProject Senior Citizen Savings Scheme maturity with quarterly compounding on a lump-sum deposit.
  • India rules built inEnter SCSS deposit and interest rate.
  • Share your inputsThe link keeps your SCSS numbers — bookmark it or send to family, HR, or an advisor.
  • Good to knowBanks set their own deposit rates and terms. Check with your provider. Indian rules can change each financial year — confirm with official sources or a CA.

How SCSS Calculator Works

Enter SCSS deposit and interest rate. Interest compounds quarterly over the 5-year tenure (extendable once by 3 years in real accounts).

Frequently Asked Questions

Who can open SCSS?

Indian residents aged 60+ (55+ for voluntary retirement) can invest in SCSS at post offices and designated banks.

What is the SCSS deposit limit?

Maximum investment is ₹30 lakh across all SCSS accounts (combined limit rules apply).

Disclaimer

  • This calculator gives you an estimate only. It is not a promise of exact results.
  • This is general information, not personal financial, tax, or legal advice.
  • You are responsible for your own decisions. Talk to a qualified professional when it matters.
  • Banks set their own deposit rates and terms. Check with your provider.
  • Indian tax and government scheme rules can change each financial year. Please confirm with official sources or a chartered accountant (CA).

Full site disclaimer

Related Calculators

Fixed Deposit (FD) Calculator

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Recurring Deposit (RD) Calculator

Calculate maturity value of recurring monthly deposits.

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