Estimate SCSS monthly and quarterly income from your deposit and entered rate.
Senior Citizens Savings Scheme inputs
%
years
YOUR RESULTS
Monthly interest₹3,416.67
Quarterly interest₹10,250.00
Estimated income over term₹2,05,000.00
Principal at maturity₹5,00,000.00
Principal
500,000
Interest income
205,000
Quarterly income is simple interest on principal. Confirm eligibility, account limits, extension, premature closure and tax treatment under the current SCSS rules.
HOW THIS RESULT WAS BUILTDeterministic calculationEngine calculator-core-1.0.0
Method: The screen applies simple interest to the principal and displays equivalent monthly and quarterly income across the selected term.
Inputs used: Currency = INR; Deposit amount = 500,000; Annual interest rate = 8.2 %; Term = 5 years
Assumptions: The result uses the values, units and options shown in the input snapshot.
Scope and warnings: Quarterly income is simple interest on principal. Confirm eligibility, account limits, extension, premature closure and tax treatment under the current SCSS rules. Rounding and excluded real-world terms can make an external result differ.