SCSS Quarterly Interest Calculator — Exact Payouts at 8.2%
Credit dates for FY 2026-27, quarterly payout for every deposit amount, monthly equivalent, and a simple formula to calculate on your own
SCSS Quarterly Payout — All Deposit Amounts at 8.2%
| Deposit | Quarterly payout | Monthly equivalent | Annual total |
|---|---|---|---|
| ₹1,00,000 | ₹2,050 | ₹683 | ₹8,200 |
| ₹2,50,000 | ₹5,125 | ₹1,708 | ₹20,500 |
| ₹5,00,000 | ₹10,250 | ₹3,417 | ₹41,000 |
| ₹7,32,000 | ₹15,006 | ₹5,002 | ₹60,024 |
| ₹10,00,000 | ₹20,500 | ₹6,833 | ₹82,000 |
| ₹12,20,000 | ₹25,010 | ₹8,337 | ₹1,00,040 |
| ₹15,00,000 | ₹30,750 | ₹10,250 | ₹1,23,000 |
| ₹20,00,000 | ₹41,000 | ₹13,667 | ₹1,64,000 |
| ₹25,00,000 | ₹51,250 | ₹17,083 | ₹2,05,000 |
| ₹30,00,000 (max) | ₹61,500 | ₹20,500 | ₹2,46,000 |
SCSS Interest Credit Dates — FY 2026-27
| Credit date | For quarter | Relevant for accounts opened before |
|---|---|---|
| 1 July 2026 | April–June 2026 | Accounts opened before June 30, 2026 |
| 1 October 2026 | July–September 2026 | All active accounts |
| 1 January 2027 | October–December 2026 | All active accounts |
| 1 April 2027 | January–March 2027 | All active accounts |
If 1st falls on a bank/post office holiday, interest is credited on the next working day. Interest is auto-credited via ECS/NACH to your linked savings account.
🔗 Also read
Quick Formula — Calculate Your Own
SCSS Quarterly Interest Formula
Quarterly Interest = Principal × (8.2 ÷ 400)
= Principal × 0.0205
Examples:
₹10,00,000 × 0.0205 = ₹20,500 per quarter
₹20,00,000 × 0.0205 = ₹41,000 per quarter
₹30,00,000 × 0.0205 = ₹61,500 per quarter
Annual = Quarterly × 4 | Monthly equivalent = Quarterly ÷ 3
Examples:
₹10,00,000 × 0.0205 = ₹20,500 per quarter
₹20,00,000 × 0.0205 = ₹41,000 per quarter
₹30,00,000 × 0.0205 = ₹61,500 per quarter
Annual = Quarterly × 4 | Monthly equivalent = Quarterly ÷ 3
Converting Quarterly SCSS to Monthly Budget
SCSS pays every 3 months. Here is a simple method to budget it monthly:
📚 Example: ₹30L SCSS, quarterly interest ₹61,500
| 1 July — SCSS pays ₹61,500 | Spend ₹20,500 in July. Park ₹41,000 in liquid fund. |
| 1 August — No SCSS payment | Withdraw ₹20,500 from liquid fund. Liquid fund earns ~6% on the parked ₹41,000. |
| 1 September — No SCSS payment | Withdraw another ₹20,500 from liquid fund. |
| 1 October — SCSS pays ₹61,500 again | Repeat the cycle. |
The liquid fund earns ~₹700–₹900 on the parked ₹41,000 over 2 months — a bonus on top of your SCSS income.
⚡ Key Takeaways
- SCSS interest credit dates: 1 April, 1 July, 1 October, 1 January every year
- On maximum deposit (₹30,00,000): quarterly payout is ₹61,500 (₹20,500/month equivalent)
- Quick formula: Quarterly Interest = Principal × 0.0205
- Interest is auto-credited to your linked savings account via ECS
- Park 2/3 of each quarterly payment in a liquid fund to budget monthly
- New deposit midway through a quarter earns interest from the deposit date — not from the start of the quarter
Is This Page Right for You?
✓ Who should use this
- SCSS holders wanting to verify their expected quarterly payout
- Those planning monthly budget based on quarterly SCSS income
- Retirees comparing SCSS quarterly income against POMIS monthly income
⚠ Who should think twice
- Those needing monthly income directly — SCSS pays quarterly; consider POMIS for monthly payouts
Pros & Cons
✓ Advantages
- Predictable and automatic — no action needed to receive quarterly interest
- Large payout per event (₹61,500 at max deposit) — easy to manage and plan around
- ECS auto-credit means no branch visit required quarterly
⚠ Limitations
- Quarterly (not monthly) — requires budgeting discipline if expenses are monthly
- No compound interest — the quarterly payments don't grow within SCSS
📋 Disclaimer & Source: All SCSS data is sourced from the Ministry of Finance, Government of India and India Post official guidelines. Current rate of 8.2% p.a. is effective from April 1, 2026 (Q1 FY 2026-27). Next review expected: June 30, 2026. Credit dates per SCSS Rules 2004, Rule 8. ECS guidelines per India Post and RBI NACH framework. This page was last reviewed on April 15, 2026. Content is for informational purposes only and does not constitute financial advice. Consult a SEBI-registered financial advisor before making investment decisions. · Full Disclaimer
📈 SCSS maturity returns table →
📆 Returns for 5+3 year tenure →
💡 Build ₹30,000+/month retirement income →
Frequently Asked Questions
₹61,500 per quarter (₹30,00,000 × 8.2% ÷ 4). This is credited on 1st April, 1st July, 1st October, and 1st January every year to your linked savings account.
No. Interest accrues from the date of deposit, but the first credit happens on the next scheduled quarterly date (1st of April, July, October, or January). If you open in May, your first credit (for May–June interest) arrives on 1st July.
No. SCSS mandatorily pays interest quarterly — there is no monthly option within SCSS. If you need monthly income, consider POMIS (7.4% p.a.) which pays monthly. Many retirees hold both for a combination of quarterly + monthly income.
The interest is credited to your linked savings account automatically via ECS. If you don't spend it, it remains in your savings account earning savings account interest (typically 2.5–3.5%). It does not compound back into SCSS.
No. Interest is credited only on the scheduled quarterly dates (1st April, July, October, January). There is no option to receive it earlier or on demand.