Sukanya Samriddhi Yojana (SSY) Calculator
Calculate SSY maturity amount at 8.2% p.a. The government scheme for girl child savings with EEE tax benefit.
Last updated: April 2026
Max ₹1,50,000/year | Deposits for 15 years only
Account can be opened for girls below 10
Current govt. rate: 8.2% (Q1 FY 2024-25)
Total Invested (15 yrs)
₹7,50,000
Maturity Amount
₹23,94,036
Total Interest Earned
₹16,44,036
Maturity Year
2042
Girl turns 21
| Year | Deposit | Interest | Balance |
|---|---|---|---|
| 1 | ₹50,000 | ₹4,100 | ₹54,100 |
| 2 | ₹50,000 | ₹8,536 | ₹1,12,636 |
| 3 | ₹50,000 | ₹13,336 | ₹1,75,972 |
| 4 | ₹50,000 | ₹18,530 | ₹2,44,502 |
| 5 | ₹50,000 | ₹24,149 | ₹3,18,651 |
| 6 | ₹50,000 | ₹30,229 | ₹3,98,880 |
| 7 | ₹50,000 | ₹36,808 | ₹4,85,688 |
| 8 | ₹50,000 | ₹43,926 | ₹5,79,614 |
| 9 | ₹50,000 | ₹51,628 | ₹6,81,242 |
| 10 | ₹50,000 | ₹59,962 | ₹7,91,204 |
| 11 | ₹50,000 | ₹68,979 | ₹9,10,183 |
| 12 | ₹50,000 | ₹78,735 | ₹10,38,918 |
| 13 | ₹50,000 | ₹89,291 | ₹11,78,209 |
| 14 | ₹50,000 | ₹1,00,713 | ₹13,28,922 |
| 15 | ₹50,000 | ₹1,13,072 | ₹14,91,994 |
| 16 (accrual) | — | ₹1,22,344 | ₹16,14,338 |
| 17 (accrual) | — | ₹1,32,376 | ₹17,46,714 |
| 18 (accrual) | — | ₹1,43,231 | ₹18,89,945 |
| 19 (accrual) | — | ₹1,54,975 | ₹20,44,920 |
| 20 (accrual) | — | ₹1,67,683 | ₹22,12,603 |
| 21 (accrual) | — | ₹1,81,433 | ₹23,94,036 |
What is Sukanya Samriddhi Yojana?
Sukanya Samriddhi Yojana (SSY) is a government-backed small deposit scheme launched under the Beti Bachao Beti Padhao campaign. It is designed to secure the financial future of a girl child through disciplined savings.
SSY offers one of the highest interest rates among small savings schemes — currently 8.2% p.a. compounded annually — along with complete EEE tax benefits, making it a superior alternative to FDs for long-term girl child savings.
How to use this calculator
- 1Enter annual investment — Amount you plan to invest each year (₹250–₹1,50,000).
- 2Enter girl's current age — Account matures when she turns 21 (21 years from opening).
- 3View maturity breakdown — See total invested, interest earned, and final maturity amount.
Formula & example
Balance(year) = [Balance(year-1) + Deposit] × (1 + 8.2/100)
Annual deposit: ₹50,000 for 15 years at 8.2%
Total invested: ₹7,50,000
Maturity amount (21 years): ~₹22.5 lakhs
Tax-free interest earned: ~₹15 lakhs
Benefits
Highest safe returns
8.2% p.a. — higher than PPF, NSC, and bank FDs for comparable safety.
EEE tax benefit
Deposit qualifies for 80C, interest is tax-free, maturity is tax-free.
Government guaranteed
Backed by Government of India — zero default risk.
Partial withdrawal
50% withdrawal allowed after girl turns 18 for higher education.
Use cases
Higher education fund
Invest from birth to build a corpus for college education at 18-21.
Marriage expenses
Account matures at 21 — aligns with marriage savings goals.
80C investment
Deposits up to ₹1.5L qualify for 80C deduction, making it tax-efficient.
Long-term wealth creation
Compounding at 8.2% for 21 years creates substantial tax-free wealth.
Frequently asked questions
What is the current SSY interest rate?+
The current Sukanya Samriddhi Yojana interest rate is 8.2% per annum (Q1 FY 2024-25), compounded annually. The government reviews rates quarterly.
When does the SSY account mature?+
The SSY account matures 21 years from the date of account opening, regardless of the girl's age. Deposits must be made for 15 years, after which the account earns interest for the remaining 6 years without deposits.
What is the minimum and maximum deposit in SSY?+
Minimum deposit is ₹250 per year. Maximum is ₹1,50,000 per year. Deposits must be made in multiples of ₹50.
Is SSY interest and maturity amount tax-free?+
Yes. SSY falls under EEE (Exempt-Exempt-Exempt) category: deposits are eligible for 80C deduction, interest earned is tax-free, and the maturity amount is fully exempt from tax.
Who can open an SSY account?+
A parent or legal guardian can open one SSY account per girl child. Maximum two accounts allowed per family (three in case of twin girls). The girl must be below age 10 at the time of opening.
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Sukanya Samriddhi Yojana: Complete guide 2026
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