Senior Citizens Savings Scheme (SCSS) Interest Rate

8.20% per annum for Apr–Jun 2026.

Senior Citizens Savings Scheme (SCSS) calculator

Investment amount (₹)

Interest rate (% p.a.)

Tenure (years) — fixed

Invested

₹5,00,000

Interest

₹2,41,492

Maturity

₹7,41,492

Indicative estimate using simple annual/monthly compounding. Actual returns may differ with payout frequency, partial-year deposits, and tax. Not financial advice.

Tenure	For	Rate	Compounding	Min
5 years	Senior	8.20%	quarterly	₹1,000

For age 60+; quarterly interest payout.

Other schemes

Sukanya Samriddhi Yojana National Savings Certificate Kisan Vikas Patra Post Office Time Deposit Post Office Monthly Income Scheme Public Provident Fund Post Office Recurring Deposit Post Office Savings Account

Source: Ministry of Finance / National Savings Institute, Apr–Jun 2026. Government-set rates, indicative. Not financial advice — see our methodology.

FAQs

What is the current Senior Citizens Savings Scheme (SCSS) interest rate?

The Senior Citizens Savings Scheme (SCSS) interest rate for Apr–Jun 2026 is 8.20% per annum.

What is the minimum deposit for Senior Citizens Savings Scheme (SCSS)?

The minimum deposit is ₹1,000.

Anything else to know about Senior Citizens Savings Scheme (SCSS)?

For age 60+; quarterly interest payout.