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SCSS Calculator
Result
Chart
Show formula & working
Quarterly interest = Deposit × rate ÷ 4
Details
Small savings interest rates, 1 Oct – 31 Dec 2026 (Q3 FY 2026-27): rates and rules as of 01-Oct-2026 · Source: Government of India OM F.No.1/4/2019-NS dated 30 Sep 2026 (Q3 rates unchanged from Q2), as published by Indian Bank; RD 6.7% and savings 4% from India Post. Every figure based on it stays editable.
How this works
SCSS pays interest every quarter for five years, at the rate fixed when the account is opened.
It can be extended for three more years after maturity.
Frequently asked questions
Who can invest?
Individuals aged 60 or above, and some retired employees from 55 under conditions.
Is the interest taxable?
Yes; deposits may qualify for deduction under the old regime.