Retirement is the time when you can unwind and appreciate and, thus, it is known as the brilliant period. You can state farewell to all your business related pressure and stresses. In any case, your money related stand must be solid with the goal that you don’t need to rely upon anybody at such an age. In this way, you should spare what you acquire. The SCSS or Senior Citizen Saving Scheme enables you to appreciate the flexibility of consistent reserve funds and furthermore guarantees the way that you benefit ensured returns. The speculation is totally sheltered as it is a plan began by Government of India.
Interest Calculator for Senior Citizen Saving Scheme
The Senior Citizen Saving Scheme interest calculator is a user-friendly tool which allows you to calculate the total interest that is generated on your deposit in the savings scheme.
The Senior Citizen Saving Scheme calculator has all the twelve months given out separately with a box next to each of them. All you need to do is put in the minimum balance in your account in these boxes. Make sure that you add the amount that is available after the 10th of every month. Then you have to press the ‘calculate’ button to know the total interest. The ‘reset’ button allows you to start from the beginning, in case you entered wrong data in any in the boxes.