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Business

₹30 lakh in SCSS: Quarterly interest and monthly income equivalent explained

LiveMint - Money · 9 October 2026 at 1:19 pm

₹30 lakh in SCSS: Quarterly interest and monthly income equivalent explained

A ₹30 lakh investment in the Senior Citizens’ Savings Scheme (SCSS) at 8.2% interest can generate ₹61,500 per quarter, equivalent to ₹20,500 per month.

Check the October-December 2026 interest rate, eligibility criteria, investment limits, tax rules and withdrawal conditions.

Read the full article on LiveMint - Money ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.livemint.com — the content belongs to LiveMint - Money.

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