How does SCSS work?
SCSS has specified eligibility, deposit, tenure and interest-payment rules. Confirm the current conditions with official sources before opening an account.
Estimate quarterly interest
Enter a proposed deposit to estimate interest payments under the calculator's stated rate assumption. Actual payments depend on the applicable official rate and scheme rules.
Check eligibility and conditions
Verify the eligible age categories, deposit limits, account-opening requirements, extension options and premature closure rules using current official guidance.
Official information
Check current scheme terms, eligibility and applicable rates using the relevant official source before making decisions.
Visit official sourceGovtSave is an independent educational platform, not an official government website. Calculations are illustrative estimates and are not personalised financial advice. Verify current scheme rules with official sources.