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

₹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. The article explains the interest rate for October-December 2026, eligibility criteria, investment limits, tax rules, and withdrawal conditions.

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