Signal Desk · Economy

SCSS ₹30 lakh deposit can yield ₹61,500 quarterly

2026-10-09 · 1 source · Mint Money

In short

A ₹30 lakh investment in the Senior Citizens’ Savings Scheme can pay ₹61,500 every quarter at 8.2%, based on a publisher summary. That works out to about ₹20,500 a month.

This matters to senior savers who want regular income. The report does not say whether the rate is official for October-December 2026 or whether any rule has changed.

What the reporting says

A ₹30 lakh investment in the Senior Citizens’ Savings Scheme can generate ₹61,500 every quarter at 8.2%, according to a publisher summary. The report says this works out to about ₹20,500 a month and points readers to October-December 2026 rate, eligibility, investment limits, tax rules and withdrawal conditions. The exact official rate change, if any, is not stated in the available reporting.

Why it matters

A publisher-supplied summary says a ₹30 lakh deposit in the Senior Citizens’ Savings Scheme can earn ₹61,500 per quarter at 8.2%, or about ₹20,500 a month. The report also points readers to October-December 2026 interest-rate details, eligibility, investment limits, tax rules and withdrawal conditions. What is not stated is whether the rate is confirmed in an official notification.

Touches: Economy, Markets

Sources