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  1. Jul 27, 2024 · The current interest rate applicable to SCSS is 8.2% p.a. This interest rate is applicable from 1st April 2024 until 31st March 2025. The interest will be paid on a quarterly basis.

  2. May 2, 2024 · SCSS vs. FD: Here, we have compared the interest rates offered by the Senior Citizens Savings Scheme (SCSS) and bank fixed deposit rates with 5-year tenure for senior citizens and other important features.

  3. Sep 16, 2024 · Senior Citizens Savings Scheme (SCSS) is a government-backed savings instrument offered to Indian residents aged above 50 years. Read this article to know the Senior Citizen Savings Scheme (SCSS), eligibility criteria, SCSS interest rate, benefits, SCSS application form and more.

  4. The current interest rate for SCSS is 8.20%. Plan Early and Get ahead for next year’s savings. Use Tax Calculator and get your taxes estimates in mins as per new budget. Calculate Now. Features of SCSS.

  5. Jul 9, 2024 · SCSS investors can earn interest at the rate of 8.2% on their deposit for the July to September quarter. Interest will be paid on quarterly basis and applicable from the date of deposit to 31st March/30th June/30th September/31st December, according to the IndiaPost website.

  6. Get to know the Senior Citizen Savings Scheme (SCSS) interest rate for the year 2024 on Groww. Check how to calculate interest rate on the amount invested.

  7. Jan 2, 2012 · The Interest Rate is 7.40% per annum (Q2 FY 2022-23). The Tenure is 5 years (with an option to extend it for 3 more years). The Minimum Investment Amount is ₹1,000.

  8. Senior Citizen Savings Scheme (SCSS) is a government-sponsored savings instrument for individuals above the age of 60. Learn more about features, eligibility and interest calculation under the Senior Citizen Savings Scheme.

  9. SCSS Accounts From Bank Of India. Know Its Investment Plans, Duration, Income Tax Provisions, Eligibility, Rate Of Interest and Documents.

  10. Deposits in SCSS qualify for deduction u/s 80-C of Income Tax Act. Click for Scheme Rule( 2004 and 2019 ) Click for Scheme Forms. Click for Interest Rate.