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Tax & ComplianceLiveMint — Money

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

9 Oct 2026 · 5d agoSource: LiveMint — Money

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.

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This digest is published with acknowledgment to LiveMint — Money. For the complete analysis, headnotes, and citations, please refer to the source.

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