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SCSS Calculator

SCSS Calculator

What will your SCSS pay you each quarter?

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%
yrs
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%
Quarterly payout
₹0
Total interest over tenure
₹0
Principal returned at maturity
₹0
Inflation-adjusted total payout
0
in today's money
Post-tax quarterly payout
₹0
Principal vs total interest

SCSS pays simple interest quarterly rather than compounding it — the payout is meant to be a regular income, not reinvested growth. The full principal is returned at maturity (or on the extended term, if you extend by the allowed 3 years).

Tax: SCSS interest is fully taxable at your slab rate. TDS of 10% applies once your SCSS interest crosses ₹1,00,000 in a financial year (the senior-citizen threshold) — at 8.2% that means deposits above roughly ₹12.2L trigger TDS; submit Form 15H to stop it if your total income is below the taxable limit. The deposit itself qualifies for 80C (old regime, up to ₹1.5L), and seniors can deduct up to ₹50,000 of deposit interest per year under 80TTB in the old regime — the post-tax payout above ignores 80TTB, so treat it as the conservative case.

What to work out next

Retirement Corpus Calculator

Find the corpus you need to retire on your terms.

NPS Calculator

Corpus, tax-free lump sum, and the pension after tax and inflation.

SWP Calculator

See how long a withdrawal plan makes your corpus last.

EPF Calculator

Project your provident fund at retirement.

Inflation Calculator

See what today's rupee is worth years from now.

Gratuity Calculator

Estimate the gratuity payout owed at your salary and tenure.

Frequently asked questions

How much do I actually need to retire comfortably?

It depends on your expected post-retirement expenses, life expectancy, and inflation between now and then -- there's no single universal number. A common starting approach is estimating your annual expenses in today's money, inflating them to your retirement year, and sizing a corpus that can sustain withdrawals for your expected retirement length.Read more: PMVVY’s Locked 7.4% Rate Is Gone — What Retirees Are Left With Instead

What's the difference between EPF, PPF, and NPS?

EPF is employer-linked, mandatory for many salaried employees, with employer matching. PPF is a voluntary, government-backed 15-year scheme open to anyone. NPS is a market-linked retirement account with its own tax benefits (including an extra deduction under 80CCD(1B)) and a mandatory annuity portion at exit. Many people use more than one together.Read more: SCSS Calculator: Senior Citizen Savings Scheme Returns

When should I start planning for retirement?

As early as possible -- the effect of compounding over a longer time horizon typically matters more than the exact monthly amount you invest. Starting in your 20s versus your 40s can mean needing a dramatically smaller monthly contribution to reach the same retirement corpus.Read more: Your “Safe” Government Scheme Has a Stock Market Bet Built In

How does inflation affect my retirement corpus?

Inflation erodes purchasing power every year between now and retirement, and continues to erode it throughout retirement itself. A corpus that looks large in today's terms can fall well short in real terms decades from now -- which is why this calculator shows results in both nominal and inflation-adjusted, "today's money" terms.Read more: Your “Guaranteed” EPF Has Rs 2.34 Lakh Crore Sitting in the Stock Market

Estimates only, not financial advice. See our Disclaimer.