SCSS Key Features (Q2 FY 2025-26):
- Current Rate: 8.20% p.a. (effective April-June 2025)
- Investment Limit: ₹30 lakh maximum per individual
- Minimum Investment: ₹1,000 (multiples of ₹1,000)
- Age Eligibility: 60+ years (55+ for retired/VRS)
- Tenure: 5 years (extendable by 3 years)
- Tax Benefits: Section 80C deduction up to ₹1.5L
- Interest Payout: Quarterly payments
Total Maturity Value
₹21,15,000
Key Benefits
- Government-backed guaranteed returns
- Tax benefits under Section 80C
- Quarterly interest payouts
- Safe investment option for seniors
- No TDS on interest up to ₹50,000
Important Notes
- Interest rates are reviewed quarterly
- Premature withdrawal allowed after 1 year
- Account can be extended for 3 more years
- Joint account facility available
- Nomination facility available
