Calculate returns from Senior Citizen Savings Scheme (SCSS), PMVVY, and other retirement withdrawal plans.
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| 5-Year Total Income | — |
| Effective Monthly Income | — |
Senior Citizen Savings Scheme (SCSS): Max investment ₹30 lakh per account, 5-year tenure (extendable by 3 years), 8.2% interest paid quarterly. Available at post offices and banks. TDS applies on interest above ₹50,000/year. Interest is taxable.
Q: What is the maximum SCSS investment?
A: The maximum deposit in SCSS was enhanced to ₹30 lakh (from ₹15 lakh) in April 2023. Both spouses can open separate accounts, allowing a combined ₹60 lakh investment.
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