Calculator
Senior Citizen Savings Calculator
Quarterly income for retirees over the 5-year SCSS tenure.
dhanmetrics.com · Educational illustration only · Not investment advice
Quarterly payout
₹30,750
₹1.2L per year · ₹10.3K/month equivalent
What this means
SCSS is the gold-standard senior-citizen income instrument — ₹15.0L pays you ₹30.8K every three months for 5 years (extendable by 3 more), and the full principal returns at maturity. Interest is taxable, but the predictability matters more in retirement than the slab efficiency. ₹50,000/year TDS-free for seniors under 80, ₹50,000 under 80U for senior. Total over the tenure: ₹21.1L cash flow.
What if you…
Deposited ₹30L (the max)
₹61.5K/quarter
+₹30.8K/quarter
Got a 9.2% rate (1% higher)
₹34.5K/quarter
+₹3.8K/quarter
Total received including principal
₹21.1L
Educational illustration. SCSS interest is fully taxable. TDS applies above ₹50,000/yr. 5-year tenure extendable by 3 years. Max deposit ₹30L. Available to citizens 60+ (or 55+ for early retirees).
Adjust your scenario
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Inputs
Quarterly income for retirees. Principal returned at maturity.
Min ₹1,000, Max ₹30,00,000 combined across all SCSS accounts. Multiples of ₹1,000.
Current Govt rate is 8.2% (Q3 FY 2025–26). Rate fixed at opening stays for the full 5-year tenure.
Initial tenure is 5 years, extendable in 3-year blocks. Eligible: 60+, or 55+ retired under VRS / 50+ defence retirees.
Growth chart